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JLEN Environmental Assets Group Ltd (JLEN) NPV

Sell:93.90p Buy:94.50p 0 Change: 1.00p (1.07%)
FTSE 250:0.60%
Market closed |  Prices as at close on 25 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:93.90p
Buy:94.50p
Change: 1.00p (1.07%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 25 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:93.90p
Buy:94.50p
Change: 1.00p (1.07%)
Market closed |  Prices as at close on 25 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
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 achieve its objectives by investing in a diversified portfolio of environmental infrastructure. JLEN defines environmental infrastructure as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change. Environmental infrastructure that the Company invests in typically has one or more of the following characteristics: they have the benefit of long-term, predictable cash flows, which may be wholly or partially inflation-linked; they are supported by long-term contracts or stable and well-proven regulatory and legal frameworks; or they feature well-established technologies, and demonstrable operational performance.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Base fee at the annual rate of 1.0% of the Adjusted Portfolio Value up to and including GBP 0.5bn and 0.8% of the Adjusted Portfolio Value over GBP 0.5bn. No performance fee. It can be terminated with 12 months notice

Dividend Policy

The Company aims to provide investors with a sustainable, progressive dividend, paid quarterl. The Board has decided to increase the Company's dividend target to 7.14 pence per share for the year to 31 March 2023.The Company intends to pay dividends Quarterly in March, June, September and December. Target dividend for the next financial year 7.57 pence, up 6% from 2023.

ASSET SPLIT

Total number of holdings: 3.

Trust Manager

Chris Tanner

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Edmond WarnerChairman, Hans Rieks, Stephanie Coxon, Alan Bates, Joanne Harrison, Nadia Sood

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 Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now

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'.