Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Scotgems plc (SGEM) Ord GBP0.01

Sell:74.50p Buy:77.00p 0 Change: No change
Market closed Prices as at close on 24 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:74.50p
Buy:77.00p
Change: No change
Market closed Prices as at close on 24 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:74.50p
Buy:77.00p
Change: No change
Market closed Prices as at close on 24 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

To provide Shareholders with long term capital growth by investing in a diversified portfolio of Small Cap Companies listed on global stock markets across a range of sectors. The Company may only invest in small unlisted companies where it is reasonably expected that such companies will be listed within 12 months from the time of investment, limited to 15% of the NA of the Company at the time of investment. The number of investments in the portfolio will typically range between 20 and 30 holdings in normal market circumstances. It is intended that a diversified portfolio will be maintained at all times, and the single largest investment will not exceed 15% of the NA of the Company at the time of investment. The Company has not set any maximum or minimum exposures for any geographical regions or sectors and will achieve an appropriate spread of risk by investing in a diversified portfolio of equity and equity related securities issued by Small Cap Companies.
Security Weight
Philippine Seven Corp 7.29%
Tata Global Beverages Ltd 6.31%
RCL Foods Ltd 5.53%
Bank OCBC NISP Tbk 5.10%
Delfi Ltd 4.31%
Suprajit Engineering Ltd 3.86%
Youngone Holdings Co Ltd 3.71%
Cyient Ltd 3.63%
Aramex PJSC 3.38%
Corporativo Fragua SAB de CV 3.38%
Sector Weight
Consumer Defensive 34.88%
Consumer Cyclical 14.14%
Healthcare 12.32%
Industrials 11.96%
Financial Services 11.46%
Basic Materials 3.14%
Utilities 3.05%
Country Weight
India 19.22%
South Africa 10.82%
Mexico 8.89%
Singapore 7.67%
Philippines 7.29%
Nigeria 6.74%
Indonesia 5.10%
United Arab Emirates 3.71%
South Korea 3.71%
Bangladesh 3.09%

Fee Structure

The investment manager is entitled to receive a fee of 1% p.a. of the NAV of Company calculated and payable quarterly in arrears. The Management Agreement is terminable by either party giving 90 days written notice to the other party subject to an initial term of two years.

Dividend Policy

The Company does not have any policy to achieve any specified level of income or dividend. It is not envisaged that dividends will be paid in the early years of the Company. However, over the longer term, if the income received from the investments of Company materially exceeds the annual expenses of Company the Company expects to pay dividends.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Tom Prew

Manager Bio

Tom Prew is a Portfolio Manager/ Analyst at Stewart Investors. The team manage funds in Asia Pacific, Emerging Market, Worldwide and Sustainable Development equity investment strategies on behalf of clients. He joined the firm as a graduate in 2006. Tom currently has portfolio responsibilities including lead management of the GEM All Cap strategies, the Latin American fund and Frontiers strategies. He is co-manager on a number of our Emerging Market Leaders strategies. As an analyst, he researches companies globally. Tom has a Bachelor of Arts (Hons) in Jurisprudence from Lincoln College, Oxford.

Board Of Directors

William SalomonChairman, Anne West, Angus Tulloch, James Maclaurin, James Findlay

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'.