Some pen notes on Trusts held in the SNOWBALL. Where available the forecast yield is published and a forecast price.

Whilst a positive forecast price is better than a negative price do not trade on the basis of the future price as this is unlikely to be achieved.

RISK

Altman Z-Score

The Altman Z-Score is a measure of the financial strength of a business. It identifies companies where the chance of getting into financial trouble or going bankrupt in the next two years is raised.

Using this model, a score below 1.8 suggests the company has a raised chance of getting into financial trouble, while companies with scores above 3.0 appear to be stable. The lower the score, the higher the chance of financial trouble. Compare with historical values and sector peers.