CQS Natural Resources Growth and Income plc (CYN) Ordinary 25p Shares
Sell:183.00p
Buy:186.50p
0
Change:
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No change
FTSE All Share:0.32%
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Prices as at close on 25 April 2024
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Sell:183.00p
Buy:186.50p
Change:
No change
No change
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Ex-dividend
Sell:183.00p
Buy:186.50p
Change:
No change
No change
Market closed |
Prices as at close on 25 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Ex-dividend
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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.
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.
| Security | Weight |
|---|---|
| NexGen Energy Ltd | 9.06% |
| Transocean Ltd Ordinary CHF0.10 | 4.80% |
| Emerald Resources NL | 4.67% |
| BW LPG Ltd | 4.65% |
| Diamondback Energy Inc | 4.53% |
| Frontline Plc | 3.97% |
| Vermilion Energy Inc | 3.37% |
| West African Resources Ltd | 3.22% |
| EOG Resources Inc | 3.22% |
| Karora Resources Inc | 3.10% |
| Sector | Weight |
|---|---|
| Energy | 50.64% |
| Basic Materials | 47.12% |
| Industrials | 6.17% |
| Consumer Defensive | 0.10% |
| Country | Weight |
|---|---|
| Canada | 39.59% |
| United States | 25.78% |
| Australia | 23.52% |
| Singapore | 4.65% |
| South Africa | 3.16% |
| United Kingdom | 3.14% |
| Norway | 2.33% |
| Brazil | 1.74% |
| Saudi Arabia | 0.95% |
| Belgium | 0.34% |
Fee Structure
The annual management fee on NAV below GBP 150m will be 1.2%, above GBP 150m and up to GBP 200m will be 1.1%, above GBP 200m and up to GBP 250m will be 1.0% and above GBP 250m will be 0.9%. The Contract can be terminated with 6 months notice.
Dividend Policy
The Board has announced an annual dividend target of GBX 5.60 per share. The Company pays quarterly dividends, with the fourth dividend typically being substantially higher than each of the first three dividends.
ASSET SPLIT
Trust Manager
Keith Watson
Manager Bio
Keith is joint Portfolio Manager for Golden Prospect Precious Metals Limited, Geiger Counter Limited, and CQS Natural Resources Growth and Income plc. Keith joined CQS in July 2013 from Mirabaud Securities where he was a Senior Natural Resource Analyst. Prior to Mirabaud, Keith was Director of Mining Research at Evolution Securities. Previous to this, he was a top-ranked business services analyst at Dresdner Kleinwort Wasserstein, Commerzbank and Credit Suisse/BZW. Keith began his career in 1992 as a portfolio manager and research analyst at Scottish Amicable Investment Managers. Keith has a BSc (Hons) in Applied Physics from Durham University.
Board Of Directors
Helen GreenChairman, Christopher Casey, Alun Evans, Carole Cable, Paul Cahill
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.
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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'.