SQN Asset Finance Income Fund Ltd Net Asset Value(s) (6776N)

TIDMSQN

RNS Number : 6776N

SQN Asset Finance Income Fund Ltd

22 May 2020

22 May 2020

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value

SQN Asset Finance Income Fund Limited (the "Company"), provides the following monthly net asset value ("NAV").

Net Asset Value and Performance

As at 30 April 2020, the unaudited estimated NAV per Ordinary Share was 69.09 pence.

As at 30 April 2020, the unaudited estimated NAV per C Share was 96.98 pence .

The Company also announces the cumulative NAV total return(1) performance as at 30 April 2020, as follows:

 
 Share class        Month-to-month   1 year return   3 year return   Return since 
                        return                                         inception 
 Ordinary shares       (1.05)%         (22.67)%        (13.30)%         3.63% 
 C shares              (0.02)%           5.92%          14.15%          14.04% 
 

Shareholders should note that the hedging of non-Sterling balances into Sterling has been lifted and, therefore, the returns during March contain some foreign exchange impacts.

Performance Footnote(1)

The NAV total return details the change in NAV from the start of the relevant period and assumes that dividends paid to shareholders are reinvested at NAV.

Factsheet

The Company's factsheet for April 2020 will shortly be available on the website:

https://www.sqncapital.com/managed-funds/sqn-asset-finance-income-fund/documents-and-downloads/

For further information please contact:

 
SQN Capital Management, LLC      01932 575 888 
 Jeremiah Silkowski               [e-mail] 
 Nicola Bird                      [e-mail] 
 Catherine Halford Riera          [e-mail] 
Winterflood Securities Limited   020 3100 0000 
Neil Langford 
 Chris Mills 
Buchanan 
  Charles Ryland 
  Victoria Hayns 
  Henry Wilson                   020 7466 5000 
 

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principal responsible for managing the portfolio is Jeremiah Silkowski.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 22, 2020 02:00 ET (06:00 GMT)