City Natural Resources Growth and Income PLC, formerly CQS Natural Resources Growth and Income PLC, is a United Kingdom-based investment trust. It invests in global energy and mining companies, with a focus on total return and pays a regular quarterly dividend. The Company's portfolio includes producers and developers across the natural resources sector. The Company is managed by Tufton Investment Management Ltd.
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Trust Information
About this company
Objective
To provide shareholders with capital growth and income predominantly from a portfolio of mining and resource equities and of mining, resource and industrial fixed interest securities. The Company actively invests in global energy and mining companies, with a focus on total return, but it also pays a healthy dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.
Costs
- Ongoing charge2.00%
- Annual management charge -
- Performance feeNo
Fee structure
The Manager has agreed to reduce the investment management fee payable by the Company to 1.0 per cent. per annum of NAV. The Contract can be terminated with 6 months notice.
Value Assessment
- Value Assessment review date27 April 2024
- Value Assessment next review date27 April 2025
- Is Assessment of Value required under COLL?Yes
- Outcome of COLL Assessment of ValueCharges are justified based on the results of the assessment, or based on assessment against initial product design if an assessment not yet due
- Outcome of PRIN Value Assessment or reviewn/a
- Other review related to value and or charges -
- Further information-
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Key facts
- CurrencyGBX
- BenchmarkNot Benchmarked
- Shares in issue50.56m
- Gross gearing8.00%
- EPICCYN
- ISINGB0000353929
- DomicileUnited Kingdom
- ExchangeLondon Stock Exchange (LON)
- IndexFTSE All Share Index
- Website
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. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.