MOMENTUM MULTI-ASSET VALUE TRUST PLC

Report Publication Announcement • Feb 21, 2019

National Storage Mechanism | Additional information

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RNS Number : 7837Q

Seneca Global Income & Growth PLC

21 February 2019

London, UK, 21 February 2019

Edison issues review on Seneca Global Income & Growth Trust (SIGT)

Seneca Global Income & Growth Trust (SIGT) is a multi-asset, value investor, aiming to generate an average total return of at least CPI +6% pa (with low volatility) over the course of a typical investment cycle, while growing its dividend in real terms. In anticipation of a global recession in 2021, preceded in 2020 by pronounced stock market weakness, SIGT's managers are continuing to reduce the trust's equity exposure. Two new investments have recently been in specialist assets, a heterogeneous asset class, which diversifies the trust's revenue stream and offers the potential for enhanced total returns and lower portfolio volatility. SIGT has a progressive dividend policy; its annual distribution has compounded by c 4% pa over the last five years, and the trust currently offers a prospective dividend yield of 3.9%.

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For more information please contact Edison:

Mel Jenner, +44 (0)20 3077 5720

Gavin Wood, +44 (0)20 3681 2503

Investmenttrusts@edisongroup.com

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