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Odyssean Investment Trust (OIT) Ord 1p

Sell:114.00p Buy:118.00p 0 Change: No change
Market closed Prices as at close on 27 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:114.00p
Buy:118.00p
Change: No change
Market closed Prices as at close on 27 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:114.00p
Buy:118.00p
Change: No change
Market closed Prices as at close on 27 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
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 investment objective of the company is to achieve attractive total returns per share principally through capital growth over a long term period. The company will primarily invest in smaller company equities quoted on markets operated by the London Stock Exchange, where the Portfolio Manager believes the securities are trading below intrinsic value and where this value can be increased through strategic, operational, management and/or financial initiatives.
Security Weight
Cash And Cash Equivalents 54.82%
SDL plc Ordinary 1p 9.27%
Equiniti Group plc Ordinary 10p 8.75%
Chemring Group plc Ordinary 1p 7.99%
Devro plc Ordinary 10p 4.19%
Wilmington plc Ordinary 5p 4.12%
Volution Group plc Ordinary 1p 4.08%
Benchmark Holdings Ordinary Shares 3.83%
Other Investments 2.82%
Trade And Other Receivables 0.12%
Sector Weight
Technology 18.02%
Industrials 7.99%
Consumer Defensive 4.19%
Consumer Cyclical 4.12%
Basic Materials 4.08%
Healthcare 3.83%
Country Weight
United Kingdom 42.24%

Fee Structure

Management fee is calculated by 1% p.a. of the NAV and 1% p.a. of the market cap of the company. Performance fee will be entitled to 10% of the Excess Amount multiplied by the time weighted average number of Ords. Agreement for an initial term of 12 months, terminable by giving not less than 6 months notice.

Dividend Policy

The company has no stated dividend target. The investment objective is one of capital growth and it is anticipated that returns for shareholders will derive primarily from capital gains. the company will not retain more than 15% of its income in respect of any accounting period. As such, the company may declare a dividend from time to time.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Stuart Widdowson

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Jane TufnellChairman, Richard King, Peter Hewitt, Arabella Cecil

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.

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'.