Data is at market close and rounded to 2 decimal places.
- Investment approach
- Risks
The Company invests in closed-end investment funds traded on the London Stock Exchange’s main market, but has the flexibility to invest in investment funds listed or dealt on other recognised stock exchanges, in unlisted closed-end funds (including, but not limited to, funds traded on the FTSE AIM All-Share index (an index consisting of all companies listed on the Alternative Investment Market which meet the FTSE's eligibility criteria)) and in open-ended investment funds. The funds in which the Company invests may include all types of investment trusts, companies and funds established onshore or offshore.
- The value of investments can fall as well as rise and investors may not get back the full amount invested.
- The Company may borrow money which can then be used to make further investments (gearing). In a rising market, this ‘gearing’ can magnify the gains or in a falling market, the losses on your investment.
- Forecasts are not reliable indicators of future performance.
- For trusts investing globally, currency exchange rate fluctuations may have a positive or negative impact on the value of your investment.
Trust objective
To outperform SONIA* 3 month plus 2% over the longer term, principally through exploiting the pricing of closed-end funds.
*Sterling Overnight Interbank Average Rate
Trust facts
| Value-Prim.SC. Curr. | |
|---|---|
| Total net assets | £70.9m |
| Launch date | 06 April 2004 |
| Benchmark | SONIA 3 Months +2% |
| No. of shares in issue | 27,554,985 |
| Share buy back | The Company has authority to purchase up to 14.99% for cancellation. |