Mobius Investment Trust Plc (GB:MMIT) has released an update.
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Mobius Investment Trust Plc reports a challenging six-month period ending May 2024, marked by a slight decrease in net asset value and share price amidst global political shifts and persistent US inflation. Despite market volatility and cautious IT spending, MMIT remains optimistic, highlighting its strategic investments in under-researched companies and its portfolio’s potential for growth driven by artificial intelligence demand. The Trust is focused on delivering sustainable returns, supported by positive engagement outcomes and a commitment to effective governance.
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