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IN BRIEF: CQS Natural Resources sees net assets grow, payout unchanged

ALN

CQS Natural Resources Growth & Income PLC - company with a portfolio of mining and resource equities - Reports a net asset value per share as at December 31 of 195.2 pence, up 13% versus 172.4p as at June 30.

Records total NAV return of 15% in the six months to December 31, down from 47%, year-on-year. Says this beats the 0.2% of its composite benchmark.

Attributes the performance to good asset allocation from its overweight positions in copper, shipping and lithium.

Leaves its first-half payout unchanged with two interim dividends of 1.26p each per share.

Current stock price: 194.00 pence, up 2.7% on Friday

12-month change: up 46%

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