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Third Point Offshore Investors Ltd (TPOU) Ordinary NPV USD

Sell:$16.05 Buy:$16.25 0 Change: $0.025 (0.15%)
Market closed Prices as at close on 14 October 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:$16.05
Buy:$16.25
Change: $0.025 (0.15%)
Market closed Prices as at close on 14 October 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:$16.05
Buy:$16.25
Change: $0.025 (0.15%)
Market closed Prices as at close on 14 October 2019 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 is to provide its shareholders with consistent long term capital appreciation utilising the investment skills of Third Point LLC (Investment Manager) through investment of all of its capital (net of short term working capital requirements) in Class E Shares of Third Point Offshore Fund.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

A management fee of 1.25% p.a. of the NAV and the incentive fee of 20% on the NAV growth invested in the Master Partnership of the Master Fund. Agreement terminable on notice period of 24 months.

Dividend Policy

The Company will declare an annual cash dividend equivalent to 4%-5% of the NAV to the extent that the positive NAV performance of the Company is sufficient to support such dividends. Dividend is paid annually.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Daniel Loeb

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Steven Bates Chairman, Rupert Dorey, Christopher Legge, Joshua Targoff, Claire Whittet, Huw Evans

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'.