Pre-investment Disclosure Document Article 23 AIFMD The regulatory regime in the European Union covering the management, administration and marketing of alternative investment funds, widely referred to as AIFMD , requires the alternative investment fund manager (the AIFM ) of a fund such as Bluefield Solar Income Fund Limited ( BSIF or the Company ) to comply with an extensive set of requirements in connection with the marketing of shares in the capital of the Company in the European Union. The regime is intended to offer an appropriate level of protection to investors in investment products that do not fall under the European Union regime for regulation of certain investment products known as UCITS . BSIF is a Guernsey domiciled, internally managed non-EU alternative investment fund for the purposes of the AIFMD and the UK Alternative Investment Fund Managers Regulations 2013 (the UK AIFM Regulations ), as the board of directors of the Company (the D
Published: 2 Mar 2021, 11:12
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Image: Bluefield.
Bluefield Solar Income Fund has posted strong results for the six months ending 31 December 2020, with net asset value (NAV) growing to £476.7 million.
This marked a £43.2 million jump from the first half of last year, with new project acquisitions, an oversubscribed share placing and the beginning of a broader focus on renewable expansion key highlights of the period.
With NAV up, NAV per share grew to 117.12p from 117.01p and the company’s dividend target for FY21 grew to 8.00p per share.
Compared with the six months to 31 December 2019, underlying earnings were down slightly to £18.7 million from £20.7 million. This was driven by lower generation – which was down by 6% – and lower power purchase agreement pricing – which was down by 8%.
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JPMorgan Emerging Markets Investment Trust PLC - investment trust - Net asset value per share ends 2020 at 135.0 pence compared to 108.9p at end of June. NAV total return in first half 24.9%, beating benchmark, the MSCI Emerging Markets Index, which gains 18.5% in same period. Investment manager notes recovery of markets in final six months of 2020. Austin Forey adds: Although the situation remained severe in many countries, progress on vaccine development also offered hope that the pandemic will eventually pass. Against this background, it may seem strange to see equity markets reaching new highs; yet share prices are determined by investors making forward-looking judgements, and have therefore reflected the economic recovery and the ending of