Chaucer Syndicates Limited has provided the following update on the open years of Syndicate 1176:

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

46,476

15.0% to 35.0%

12.5% to 32.5%

2.5 points better

2022

46,500

5.0% to 25.0%

   

 

Syndicate forecasts are expressed as a percentage of syndicate capacity and are after all standard personal expenses but before members’ agents’ charges.