TwentyFour Income Fund Ltd (TFIF) Ordinary GBP 0.01
0.40p
(0.38%)
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0.40p
(0.38%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
0.40p
(0.38%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Business summary
TwentyFour Income Fund Limited is a closed-ended investment company. The Company operates through investments in Asset Backed Securities segment. The Company’s investment objective is to generate attractive risk-adjusted returns principally through income distributions. Its investment policy is to invest in a diversified portfolio of predominantly United Kingdom and European Asset Backed Securities. No more than 20 % of the portfolio value will be backed by collateral in any single country. No more than 10 % of the Portfolio value will be exposed to any single Asset Backed Security or issuer of Asset Backed Securities, but provided that where more than 5% of the portfolio value is exposed to a single Asset Backed Security, these Asset Backed Securities in respect of which more than 5 % of the Portfolio value is exposed, may not, in aggregate, make up more than 40 % of the total Portfolio value of the Company. Institutional Services Limited is its alternative investment fund manager.
Important dates
General stock information
- EPIC:
- TFIF
- ISIN:
- GG00B90J5Z95
- Market cap:
- £774.76 million
- Shares in issue:
- 747.84 million
- Sector:
- Equity Investment Instruments
- Exchange:
- London Stock Exchange
- Currency:
- Sterling pence
- Indices:
- FTSE 250,FTSE 350,FTSE All Share,FTSE 350 Higher Yield
Contact details
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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