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Gore Street Energy Storage Fund plc (GSF) Ordinary Shares

Sell:92.50p Buy:93.50p 0 Change: 0.50p (0.54%)
Market closed Prices as at close on 23 September 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:92.50p
Buy:93.50p
Change: 0.50p (0.54%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 23 September 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:92.50p
Buy:93.50p
Change: 0.50p (0.54%)
Market closed Prices as at close on 23 September 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & 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

The company seeks to provide investors with a sustainable and attractive dividend over the long term by investing in a diversified portfolio of utility scale energy storage projects primarily located in the UK, although the company will also consider projects in North America and Western Europe. In addition, the company seeks to provide investors with an element of capital growth through the re-investment of net cash generated in excess of the target dividend in accordance with the investment policyof the company.

Top 10 holdings currently unavailable.

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Top 10 countries currently unavailable.

Fee Structure

A management fee is calculated at the rate of one-fourth of 1% of NAV, performance fee of 10% above a hurdle of 7% of NAV, capped at 50% of the advisory fee in the respect of that period.

Dividend Policy

Subject to market conditions and performance, financial position and financial outlook, it is the Directors intends to pay an attractive level of dividend income to shareholders on a quarterly basis. The company intends to grow the dividend progressively, through investment in upward-only, inflation-protected, long-term lease agreements. The annual target thereafter is 7% share as per the Supplemental Prospectus.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Alex O'Cinneide

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Patrick Cox Chairman, Caroline Banszky, Malcolm King, Thomas Murley

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 now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & 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'.