Syndicate 2121 result and forecast.

Argenta Syndicate Management Limited has provided us with the result for Syndicate 2121’s 2016 year of account and an updated forecast in respect of the 2017 account as follows:

 

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2016

269,927

-0.4%

-2.0% to 3.0%

0.9 points worse

2017

298,103

-5.0% to 5.0%

-2.5% to 7.5%

2.5 points worse

2018

340,000

No forecast at this stage

All results and forecasts are expressed as a percentage of capacity and are after all standard personal expenses other than members’ agents’ fees and charges.