Mid Wynd issues three million shares in first year under Artemis

The trust, which moved management from Baillie Gifford in April 2014, grew its total shares in issue by 12% over the year to 30 June 2015 and raised £10m in additional money, according to its annual results. Total net assets for the trust increased by more than 28% to £80.8m, in part driven by a 15.7% rise in net asset value, from 279.17p per share to 322.87p. This compares with a 7.4% return from the MSCI All Country World index. The trust had previously seen a significant turnover in its shareholder register, as holders in Baillie Gifford's savings plans and ISAs sold their holdings...