Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Greatly overvalued vs peers
About
City Natural Resources High Yield Trust plc is a close ended balanced mutual fund launched and managed by CQS Asset Management Ltd. The fund invests in the public equity and fixed income markets across the globe. It invests in stocks of companies operating in the mining and resources sectors. For its fixed income portion, it primarily invests in mining, resource and industrial fixed interest securities such as preference shares, loan stocks and corporate bonds. The fund benchmarks the performance of its portfolio against the 2/3 Euromoney Global Mining Index and 1/3 Credit Suisse High Yield Index. It was formerly known as Aberdeen Latin American Trust. City Natural Resources High Yield Trust plc was formed in August, 2003 and is domiciled in the United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Buy
Sell