StockMarketWire.com - Worldwide Healthcare Trust said its net asset value per share total return was negative 2.7% in the first half of its financial year.

The company underperformed its benchmark for the six months through September, which posted a positive return of 6.0%.

Worldwide Healthcare Trust said its performance was affected by the asset allocation within its portfolio.

'In particular, our conviction-based overweight positions in biotechnology suffered significantly during a time of market instability in which investors switched out of such stocks in favour of larger, more liquid big pharmaceutical companies, where we are relatively underrepresented,' the company said.


At 12:47pm: [LON:WWH] Worldwide Healthcare Trust PLC share price was +15p at 2860p



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