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RIT Capital Partners plc (RCP) Ordinary GBP1

Sell:2,055.00p Buy:2,060.00p 0 Change: 65.00p (3.25%)
FTSE 250:0.74%
Market closed |  Prices as at close on 18 February 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:2,055.00p
Buy:2,060.00p
Change: 65.00p (3.25%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Deal now
Market closed |  Prices as at close on 18 February 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:2,055.00p
Buy:2,060.00p
Change: 65.00p (3.25%)
Market closed |  Prices as at close on 18 February 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & 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.

HL comment

Dominic Rowles, Investment Analyst, reports on our view of RIT Capital Partners following its recently released annual results for the year to 31 December 2017.

View our full research note on RIT Capital Partners

Objective

To deliver long-term capital growth, while preserving the capital for shareholders; to invest without the constraints of a formal benchmark, but to deliver for shareholders increases in capital value in excess of the relevant indices over time. The Trust invests in a widely diversified, international portfolio across a range of asset classes, both quoted and unquoted. RITCP invests in unquoted holdings where they offer the prospects for particularly good returns and in specialist funds where they offer specific technical skills or specialist investment expertise.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Fee structures within the long-only equity funds, typically a 1% p.a. management fee with a relative performance fee. The hedged equity funds, typically a 1% to 2% management fee and a 20% performance fee. Private equity fees usually have a 1% to 2% annual charge as well as a 20% carried interest above an 8% hurdle.

Dividend Policy

The company aims to increase the annual dividend steadily and modestly each year. Dividends will only be paid to the extent that they are covered by income received from underlying investments. The focus of the company remains one of achieving capital growth rather than increases in dividend income.

ASSET SPLIT

Total number of holdings: 77.

Trust Manager

Ron Tabbouche

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Lord Rothschild Chairman, The Duke of Wellington, Michael Marks, Michael Power, Philippe Costeletos, Jeremy Sillem, Amy Stirling, Hannah Rothschild, Andre Perold

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
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'.