MedicX holds firm on interim valuation

MedicX Fund Limited, the specialist primary care infrastructure investor in its Interim Management Statement for the period from 1 April 2013 to 16 August 2013 recorded the quarterly valuation of the portfolio as at 30 June 2013 as £435.5m reflecting a net initial yield of 5.79%. The yield is unchanged from March 2013, and compares favourably, the company says, with the weighted average fixed cost of debt drawn by it of 4.45%.