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EFM Income & Value Trust fully invested

Edinburgh Fund Managers says its Income and Value trust is now fully invested.


At May 26, total assets were £52.3m compared with £50.4, raised from the placing of ordinary shares, zero dividend preference shares and bank borrowing.


EFM says the trust is on course to offer ordinary shareholders, who subscribed at launch, a net yield of 9.6 per cent for the 12 months to 31 May.

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