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AVI Global Trust plc (AGT) ORD GBP0.02

Sell:241.00p Buy:243.00p 0 Change: 1.50p (0.62%)
FTSE 250:0.24%
Market closed Prices as at close on 24 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Change: 1.50p (0.62%)
Market closed Prices as at close on 24 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Change: 1.50p (0.62%)
Market closed Prices as at close on 24 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.


To achieve capital growth through a focused portfolio of investments, particularly in companies whose share prices stand at a discount to estimated underlying NAV. Investments are principally in companies listed on recognised stock exchanges in the UK and/or overseas. The Company generally invests on a long-only basis but may hedge exposures through the use of derivative instruments and may also hedge its foreign currency exposures. There are no geographic limits on exposure, as the Company invests wherever it considers that there are opportunities for capital growth.
Security Weight
News Corp Class A 9.11%
Oakley Capital Investments Ord 7.00%
Princess Private Equity Holdings (GBP) 5.88%
D'ieteren NV NPV 5.50%
Aker ASA Series 'A' NOK28 (CDI) 4.84%
Fomento Economico Mexicano SAB de CV ADR 4.76%
Bollore SA EUR 16 4.67%
Cordiant Digital Infrastructure Ltd ORD NPV 4.22%
Harbourvest Global Private Equity Ordinary 3.99%
Reckitt Benckiser Group Plc Ord 10p 3.87%
Sector Weight
Communication Services 16.45%
Industrials 14.55%
Consumer Cyclical 14.28%
Consumer Defensive 11.24%
Financial Services 9.19%
Healthcare 2.33%
Real Estate 2.25%
Basic Materials 1.81%
Technology 1.26%
Country Weight
Japan 21.79%
United States 15.58%
United Kingdom 8.46%
France 7.78%
Belgium 5.50%
Norway 4.84%
Mexico 4.76%
Ireland 2.25%
Netherlands 2.04%
Sweden 0.38%

Fee Structure

The Investment Manager was entitled to an annual management fee of 0.70% of the NAV of the Company, up to GBP 1bn and 0.60% for that proportion of assets above GBP 1bn. Contract terminable on 6 months notice.

Dividend Policy

The Company will normally pay two dividends per year: an interim dividend declared at the time that the half year results are announced, and a final dividend declared at the time that the annual results are announced. The final dividend will be subject to shareholder approval at the Annual General Meeting each year.


Total number of holdings: 55.

Trust Manager

Joe Bauernfreund

Manager Bio

Joe Bauernfreund is Chief Executive Officer and Chief Investment Officer of Asset Value Investors. He is the sole manager of AVI Global Trust and AVI Japan Opportunity Trust and responsible for all investment decisions across AVI’s strategies. Before joining AVI in 2002, Joe worked six years for a real estate investment organisation in London. He has a Masters in Finance from the London Business School.

Board Of Directors

Graham KitchenChairman, Anja Balfour, Neil Galloway, Calum Thomson, June Jessop

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.