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Personal Assets Trust (LSE:PNL) Cash, Cash Equivalents, Marketable Securities


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What is Personal Assets Trust Cash, Cash Equivalents, Marketable Securities?

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Personal Assets Trust (LSE:PNL) Business Description

Industry
Traded in Other Exchanges
Address
28 Walker Street, Edinburgh, Scotland, GBR, EH3 7HR
Personal Assets Trust PLC is a self-managed investment trust. The company's policy is to protect and increase the value of shareholders' funds per share over the long term and to earn a high total return as is compatible with risk equivalent to that of the FTSE All-Share Index. The firm invests in equity shares, fixed interest securities, and other investments. The group holds investments in listed companies and fixed interest securities, holds cash balances and has receivables and payables. It from time to time also invests in FTSE 100 Futures and enters into forward currency contracts. The majority of the revenue comes from the United States of America and United Kingdom market.