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Hargreave Hale AIM VCT 1 Faces Challenging Start Amid Economic Uncertainty

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Hargreave Hale AIM VCT 1 Faces Challenging Start Amid Economic Uncertainty

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Hargreave Hale AIM VCT 1 ( (GB:HHV) ) has provided an update.

Hargreave Hale AIM VCT 1 reported a challenging start to its financial year, impacted by the 2024 Autumn budget and broader economic concerns, causing a dip in UK consumer and business confidence. The company saw a slight decrease in its net asset value per share, influenced by underperformance in both qualifying and non-qualifying investments. Notable movements within the portfolio included a significant gain from Aquis Exchange due to a takeover offer and a positive performance from PCI-PAL, while some companies like Equipmake and Fadel experienced financial difficulties. Despite a subdued market environment, the VCT remains hopeful for improved conditions and increased deal flow in 2025.

More about Hargreave Hale AIM VCT 1

Hargreave Hale AIM VCT 1 is a venture capital trust focused on investments in smaller companies listed primarily on the Alternative Investment Market (AIM) in the UK. The company aims to provide investors with capital growth and income through a diversified portfolio of qualifying and non-qualifying investments.

YTD Price Performance: -0.42%

Average Trading Volume: 64,151

Technical Sentiment Consensus Rating: Buy

See more insights into HHV stock on TipRanks’ Stock Analysis page.

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