SQN Asset Finance Income Fund Ltd Net Asset Value(s) (8380Q)

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RNS Number : 8380Q

SQN Asset Finance Income Fund Ltd

24 June 2020

24 June 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 31 May 2020, the unaudited estimated NAV per Ordinary Share was 69.99 pence.

As at 31 May 2020, the unaudited estimated NAV per C Share was 98.41 pence .

The Company also announces the cumulative NAV total return(1) performance as at 31 May 2020, as follows:

 
 Share class        Month-to-month   1 year return   3 year return   Return since 
                        return                                         inception 
 Ordinary shares        1.30%          (22.02)%        (12.54)%         4.97% 
 C shares               1.48%            6.65%          15.77%          15.73% 
 

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

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 May 2020 will shortly be available on the website: https://www.kkvim.com/sqn-asset-finance-income-fund

For further information please contact:

KKV Investment Management Limited [e-mail]

Dawn Kendall

Chris Greener

Christian Holder

 
 
  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.

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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June 24, 2020 02:00 ET (06:00 GMT)