Castelnau Group Ltd (CGL) ORD NPV

Castelnau Group Limited is a closed-ended investment company. The Company’s investment objective is to compound Shareholder’s capital at a higher rate of return than the Financial Times Stock Exchange (FTSE) All Share Total Return Index over the long term. Its principal activity is to achieve a high rate of compound return over the long term by carefully selecting investments through a thorough and objective research process, paying prices that provide a material margin of safety against permanent loss of capital, and ensuring a favorable outcome. It is designed for investors with a long-term investment horizon. It is a permanent capital vehicle used to make long-term investments and acquisitions in public and private businesses of various structures and sizes. Its investment philosophy involves acquiring stakes in, and providing capital to, businesses that have or can develop competitive advantages. Phoenix Asset Management Partners Limited serves as the investment manager.

To compound Shareholders capital at a higher rate of return than the FTSE All Share Total Return Index over the long term. The Company may select investments from all asset classes, geographies and all parts of the capital structure of a business. Both private and public markets are within the scope of the Company’s investment policy.

• Ongoing charge0.95%
• Annual management charge -
• Performance feeYes

No annual management fee is payable to the Investment Manager but the Investment Manager is entitled to payment of a performance fee one third of the outperformance of the NAV total return depending upon the performance of the Companys investments.