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Feb 15, 2018

Argenta Syndicate 2121 2015 account result and updated 2016 forecast

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Argenta Syndicate Management Ltd has announced the 2015 year of account result and the latest forecast for 2016 for its syndicate 2121, as follows:-

Year of account

Result/Revised forecast Range

Previous ForecastRange

Change atMidpoint

2015

5.3% profit

2.5% to 7.5%

0.3 points better

2016

0.0% to 7.5%

0.0% to 7.5%

unchanged

2017

No Forecast at this stage

Syndicate results and forecasts are after the deduction of all personal expenses but before members’ agency fees.

The forecast for the 2017 account will be issued following a review of the data as at 31 March 2018.