Tufton Oceanic Assets Ltd (SHIP) ORD NPV USD
Sell:$1.11
Buy:$1.13
0
Change:
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Prices as at close on 19 April 2024
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Sell:$1.11
Buy:$1.13
Change:
No change
No change
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 19 April 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:$1.11
Buy:$1.13
Change:
No change
No change
Market closed |
Prices as at close on 19 April 2024
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 investors with an attractive level of regular and growing income and capital returns through investing in second-hand commercial sea-going vessels.
| Security | Weight |
|---|---|
| Product Hold Co Limited | 14.08% |
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| Sierra Limited | 4.94% |
| Octane Limited | 4.88% |
| Auspicious Limited | 4.88% |
| Awesome Limited | 4.77% |
| Charming Limited | 4.59% |
Top 10 sectors currently unavailable.
| Country | Weight |
|---|---|
| United Kingdom | 0.00% |
Fee Structure
The management fee equals to 0.85% p.a. of the prevailing NAV up to USD 250m, 0.75% p.a. of the prevailing NAV between USD 250m and USD 500m and 0.65% p.a. of the prevailing NAV in excess of USD 500m. The performance fee equals to 20% of the excess in Total Return per share.
Dividend Policy
The Company intends to pay dividends on a quarterly basis with dividends declared in January, April, July and October. The Company will target a quarterly dividend of 2.125 cents per ordinary share for the financial year 2024.
ASSET SPLIT
Trust Manager
Andrew Hampson
Manager Bio
Mr. Andrew Hampson began his career with Bank of America in 1978 where he graduated through
the bank’s internal MBA level lending program. Mr. Hampson performed a variety of functions in the
credit administration department and problem loan groups before becoming a credit and marketing
officer in the bank’s European ship lending department in 1986. In 1992 he joined Theisen Securities, a private maritime corporate finance house, where he primarily focused on providing debt related advisory and arranging services to a variety of worldwide shipping companies and debt providers. In 2001 he joined the Tufton Group initially to assist in the development of Tufton’s corporate finance business and subsequently to build up Tufton’s position as a dedicated fund manager in the shipping asset space. Mr. Hampson resides in London, is currently Managing Director of Tufton’s ABI team, is a member of the Investment and Advisory Committees for various of Tufton’s asset backed funds and is a director of the Investment Manager.
Board Of Directors
Robert KingChairman, Steve Le Page, Paul Barnes, Christine Rodsaether, Katriona Le Noury
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'.