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Ventus VCT plc (VEND) Ordinary 25p D Shares

Sell:124.00p Buy:130.00p 0 Change: No change
Market closed Prices as at close on 10 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:124.00p
Buy:130.00p
Change: No change
Market closed Prices as at close on 10 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:124.00p
Buy:130.00p
Change: No change
Market closed Prices as at close on 10 December 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 companies are focused on investing in companies developing renewable energy projects with installed capacities of up to 20 megawatts, investments in companies developing larger projects may also be considered. Investments will generally be in companies developing projects initiated by specialist small-scale developers and smaller projects which are not attractive to large development companies and utilities. The Manager seeks to invest in equity securities and loan stock of companies owning renewable energy projects, primarily wind energy and hydroelectric. Up to 10% of net proceeds raised from share offers may be allocated to companies developing early stage renewable energy projects prior to planning permissions being obtained.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Management fee 2.25% p.a. of NAV. Performance fee of 20% of the amount by which the Return in any accounting period exceeds 7p per D Share, only payable after the company has provided a cumulative return in NAV payment of dividends 60p per D Share. Total costs capped at 3.6% of NAV.

Dividend Policy

The Directors have decided to reduce the target dividend for the year ending 28-Feb-19 to 2.50p per D share from 5.00p but the target for the following four years is 5.00p per D share p.a..

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Paul Thomas

Manager Bio

Not currently available for this investment trust.

Board Of Directors

David WilliamsChairman, Josephine Dixon, Nicholas Curtis

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'.