BB Healthcare Trust PLC into FTSE 250 as portfolio proves its worth

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() lamented the “cruel mistress” that is the markets as its shares and net asset value dipped amid a volatile few weeks.In its monthly update for July, the investment trust focused on global healthcare equities reported a NAV of 192.98p, which was down 0.8% over the period though still up 13.5% since the start of 2021.“Whilst the preceding month proved to be a positive one for equities in general and healthcare in particular, it was not so for us as a propitious start to Q2 reporting failed to translate into sustained positive share price performance for our holdings where we again lost ground in a turbulent week of factor-driven volatility.“The Market can be a cruel mistress indeed, but positive fundamentals will only be ignored for so long,” said the investment managers Paul Major and Brett Darke at Bellevue Asset Management team in their six-page report. Source link
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