abrdn PE Opportunities stays in positive territory but foresees 'challenging' period

Discount sits at 27%

clock • 2 min read
The trust is trading at a discount of 27%.
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The trust is trading at a discount of 27%.

The abrdn Private Equity Opportunities (APEO) trust has managed to beat its benchmark and stay in positive territory over the past six months to March 2022, but the manager is warning of a challenging period ahead.

According to the company's half-year report for the six months to March 2022, the trust delivered a net asset value total return of 6.8%, outperforming its FTSE All-Share index benchmark, which delivered  a return of 4.7%.  The total shareholder return was 5.8% during the period, as the discount widened slightly to 27%, compared with 26.1% on 30 September 2021. Shares were trading at 520p per share at the end of March.  By comparison, the trust returned 14.9% to investors, while the benchmark stood at 18.5% in the same period of last year, with a share price total return of 38.8%  ...

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