Sector calls drive Dunedin Income Growth

Aberdeen's Dunedin Income Growth trust generated a net asset value total return of 21.8% in the year...

Aberdeen's Dunedin Income Growth trust generated a net asset value total return of 21.8% in the year to 31 January 2007, beating the FTSE All-Share by more than eight percentage points. Chairman John Scott hailed a good year for investors, with outperformance coming from a mix of stock selection and sector allocation. According to AIC data, the net Nav total return rise put the trust among the best performing in its UK Growth & Income sector, with the average vehicle generating a 16.7% increase. Scott noted that Dunedin, which is managed by Aberdeen's Chou Chong and Stewart Methven, has ...