United Corporations Limited traded at 14.44 this Friday May 15th, decreasing 0.56 or 3.73 percent since the previous trading session. Looking back, over the last four weeks, United Corporations lost 0.55 percent. Over the last 12 months, its price rose by 8.56 percent. Looking ahead, we forecast United Corporations Limited to be priced at 14.14 by the end of this quarter and at 13.28 in one year, according to Trading Economics global macro models projections and analysts expectations.
United Corporations Limited is a Canada-based closed-end investment company. The Company is an investment vehicle for long-term growth through investments in common equities. The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. The investment portfolio of the Company primarily consists of foreign equities. The assets of the Company shall be invested in interest-bearing short-term securities pending the selection of equity investments. The Company’s investment portfolio is actively managed by Comgest Asset Management International Limited (Comgest), Causeway Capital Management LLC (Causeway), and Neuberger Berman Canada ULC (NB). It invests in regions including the United States, Europe, excluding the United Kingdom, Japan, Canada, the United Kingdom and others.