EP Global Opportunities Trust achieved a 5.6 per cent increase in net asset value per share in the six months to June, to 253.2p from 239.8p at 31 December. The £123m trust managed by Edinburgh Partners paid a 3.2p per share dividend in March meaning it achieved a total return of seven per cent in the period. The trust has no formal benchmark but chairman Teddy Tulloch noted the total return from the FTSE All-World Index over the same period was 12 per cent. The total return from the FTSE All-Share Index was 4.3 per cent. Regarding the UK voting in June to leave the European Union, Mr Tulloch said: “The timing and the terms of withdrawal from the EU and its overall economic consequences remain unclear, thus increasing investor uncertainty. The attempted coup in Turkey and the recent terrorist atrocities in many countries including France, Germany and the US have further increased investor concerns.”
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