Data is at market close and rounded to 2 decimal places.

247.50p
Share price
As at 21.10.2020
260.19p
NAV per share
As at 21.10.2020
Premium (Discount)
None
£71.9m
Total net assets
As at 21.10.2020
  • 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 material within these webpages is not a recommendation to buy or sell any of the investments referred to herein. Premier Miton does not give financial advice. If you are unsure as to the suitability of the investments mentioned please contact a financial adviser. The value of investments can fall as well as rise and you may not get back the original amount invested. Please see the Risks section above for a list of all associated risks.
  • 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.

Awards & ratings

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

Nick Greenwood
Trust manager
Charlotte Cuthbertson
Assistant fund manager

Latest price

247.50p
Share price
As at 21.10.2020
260.19p
NAV per share
As at 21.10.2020
Premium (Discount)
None
£71.9m
Total net assets
As at 21.10.2020

Trust facts

Launch date06 April 2004
BenchmarkSONIA 3 Months +2%
No. of shares in issue27,554,985
Share buy backThe Company has authority to purchase up to 14.99% for cancellation.

Trust facts

Value-Prim.SC. Curr.
Total net assets£70.9m
Launch date06 April 2004
BenchmarkSONIA 3 Months +2%
No. of shares in issue27,554,985
Share buy backThe Company has authority to purchase up to 14.99% for cancellation.

Awards & ratings

Ratings are not a recommendation.

Past performance is not a guide to future returns.