For Immediate Release14 January 2010
Performance of Funds - Monthly Update
The following table gives the monthly performance for the month of November
2009 of the funds managed by the Group's subsidiary Shore Capital Limited, other
than products where monthly statistics are not available.
The table below shows returns for the month:
Fund Total return since inception
Nov 2009 Jan - % IRR
% Nov % % p.a
PARF £class 0.3 13.1 50.5 6.4
Puma Sphera 2.1 33.3 46.7 13.6
Puma VCT 0.0 4.9 47.3 13.6 *
Puma VCT II 0.0 4.8 47.5 14.1 *
Puma VCT III -0.1 1.5 38.3 14.3 *
Puma VCT IV -0.1 1.3 36.8 14.3 *
Puma VCT V -0.2 3.4 35.8 28.7 *
Model Portfolio Growth 1.1 16.3 42.7 4.6
Model Portfolio Balanced 0.8 13.5 61.2 6.3
Multi-Manager Growth 0.8 23.1 93.1 10.8
Multi-Manager Income 0.2 17.1 34.1 5.6
AIM IHT 3.1 34.7 30.4 6.44
* Total return and IRR include the effect of the tax relief gained upon initial
investment.
Further details of these funds including inception dates and strategies are
given in the Group's 2008 Annual Report and Accounts. The returns of all managed
fund products are after an accrual for any carried interest and are net of a
provision for all management fees and expenses. The returns for the model
portfolios and multi-manager products are gross.
Total funds under management as at the end of November 2009 were £1.36 billion,
equivalent at that date to $2.23 billion.
Enquiries:
Shore Capital
Graham Shore020 7408 4090
Craig Cowan
Citigate Dewe Rogerson:
Angharad Couch020 7638 9571
Lindsay Noton
Notes to Editors
Shore Capital
1. Shore Capital is a AIM-listed independent investment banking group. It
specialises in equity capital market activities and fund management. The
ECM division offers a wide range of services for companies, institutions and
other sophisticated clients including corporate finance, stockbroking and
market making. Shore Capital Limited manages specialist funds, with a
particular focus on alternative asset classes.
2. Shore Capital is based in London, Liverpool, Edinburgh and Berlin. Shore
Capital Stockbrokers Limited, Shore Capital and Corporate Limited and Shore
Capital Limited are authorised and regulated by the Financial Services
Authority. Shore Capital Stockbrokers Limited is a member of the London
Stock Exchange.
3. Further information on Shore Capital, its products and services can be found
at www.shorecap.co.uk.
[HUG#1373281]
