Onward Opportunities Ltd (ONWD) Ord NPV

Onward Opportunities Limited is a Guernsey-based closed-ended investment company. The investment objective of the Company is to generate long term capital growth through investing in a portfolio consisting primarily of equity investments in quoted companies. The Company seek to achieve its investment objective by investing primarily in equity and equity-related securities of the United Kingdom smaller companies. The investments may be either direct investments made by the Company, or indirect investments made by the Company through similar funds or investment vehicles. The Company’s alternative investment fund manager is FundRock Management Company (Guernsey) Limited.

The Company will seek to generate risk-adjusted absolute returns for Shareholders through investments in UK smaller companies.The Company will seek to achieve its investment objective by investing primarily in equity and equity-related securities of UK smaller companies that are predominantly listed or admitted to trading on markets operated by the London Stock Exchange, and where it is considered that there is a material potential valuation upside that can be delivered from catalysing strategic, operational or management initiatives.

• Ongoing charge2.67%
• Annual management charge -
• Performance feeYes

The Portfolio Manager recieves 1.5% of NAV upto and including GBP 50M and 1% of NAV above GBP 50M. A Performance Fee shall be payable which shall equal 12.5% of the Excess Return Amount.