F&C Investment Trust NAV fluctuates in early March

F&C Investment Trust PLC (NZX:FCT) reported fluctuations in its net asset value (NAV) per ordinary share in early March 2025. On March 7th, the NAV per share, prior to charges at market value, stood at 1,183.58 pence (ex-income) and 1,188.85 pence (cum-income). When calculated using nominal value, the NAV was 1,141.00 pence (ex-income) and 1,146.27 pence (cum-income). By March 11th, the market value-based NAV had decreased to 1,150.69 pence (ex-income) and 1,156.24 pence (cum-income), while the nominal value-based NAV declined to 1,108.10 pence (ex-income) and 1,113.65 pence (cum-income). A slight rebound was observed on March 12th, with the market value NAV increasing to 1,156.32 pence (ex-income) and 1,161.88 pence (cum-income), and the nominal value NAV rising to 1,113.73 pence (ex-income) and 1,119.30 pence (cum-income). These figures highlight the daily volatility in the Trust's asset valuation as influenced by market conditions and income distribution considerations.