Your Basket
Your Basket
There are no funds in your basket. To add funds to your basket use the Green Plus Icon wherever you see it next to a fund.
Fund name
Aberdeen American Growth  
Fidelity American  
Schroder UK Mid 250  
M&G Recovery  
Jupiter Merlin UK Growth  
Close Basket Open basket

Login

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
 
 
Poll

Do you have exposure to one of Mark Barnett’s Invesco Perpetual High Income or Income funds?

Yes
No

Vote

 
You are here: Factsheet

Contact details

ManagerGroupLogo
25 North Row, London, W1K 6DJ
+44 20 3691 6107 (Fax Number)
+44 20 3691 6100 (Main Number)
+44 20 3691 6105 (Marketing)

gvoim.support@gvoim.com

Fund managers

* Stuart Widdowson»30-Jun-2009 to Present
Jeff Harris»01-May-2014 to Present
Adam Steiner»30-Jun-2009 to 30-Apr-2014
Tony Dalwood»19-Jul-2005 to 30-Jun-2009
Graham Bird»19-Jul-2005 to 28-Feb-2009


Investment objectives

Strategic Equity Capital plc (SEC) is a London-listed investment trust investing predominately in small cap UK equities. The Trust is not constrained by market indices and aims to maximise returns for investors over the medium term

Key Information

Fund vs sector

  1y 3y
Position 2 / 16 3 / 16
Quartile 1 1

Fund ratings

FE Crown Rating: 5 FE
Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 14.46 16.36
Alpha 27.61 8.81
Beta 0.89 0.87
Sharpe 3.31 1.02
InfoRatio 2.47 0.59
R2 0.52 0.54
Quartiles:   1  2   3  4   help with ratios
vs. UK Smaller Companies»

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+44.9 +88.4 +325.2 +32.5 -1.9 +57.9 +43.0
  NAV +31.6+69.7+247.4+34.7 -4.2+48.2+38.2
  UK Smaller Companies +15.9+43.4+155.7+36.9-9.6+37.6+29.5
Share Price
 ShareTypePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf STRATEGIC EQUITY CAPITAL PLC UNIT 154.63 (p) 29-Jul-2014 -10.64 173.03 173.23
25-Jul-2014
100 0.97 0.97
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
STRATEGIC EQUITY CAPITAL PLC UNIT LONDON 10 57,176,000 88.41 n/a n/a company announcements
Share identifiers: TIDM: SEC; SEDOL: B0BDCB2; ISIN: GB00B0BDCB21
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Launched2005
Gross assets£98.9m / $167.5m
Sector UK Smaller Companies
Asset ClassEquity
Own ISA wrapper Fund has no ISA Wrapper help with ISA
Savings plan Fund has no Savings Plan 
Annual accountsn/a
Last report / accounts27-Feb-2014
Last AGM05-Nov-2013
Next AGMNovember 2013
EGMn/a
Stockbroker(s)Canaccord Genuity Ltd
Management contractThe Investment Manager is entitled to receive from the Company a basic fee together, where applicable, with a performance fee. The basic management fee accrues weekly and is payable quarterly in arrears. The basic fee is the lower of (i) 1% of the adjusted NAV of the Company and (ii) 1% per annum of the Company’s market capitalisation. The Investment Manager will be entitled to a performance fee in respect of a performance period only if certain criteria are met. The fee is 15% of the excess returns over the FTSE Small Cap ex Investment Trusts total return + 2% pa over the rolling three year period and providing the high watermark is exceeded (which is the highest NAV per share by reference to which a performance fee was paid previously).Company secretarial services and the general administration of the Company are undertaken by Capital Sinclair Henderson Limited (CSH) for a fee for the year to 30 June 2012 of £77,000. The fee is subject to annual review based on the UK Retail Price Index. In the event that there is an increase in the issued share capital of the Company, the fee will be adjusted upwards by agreement between the Company and CSH. The agreement may be terminated by either party giving to the other not less than six month’s notice at any time.
Borrowing limitn/a
Continuation / Wind-up provisionShareholders continue to have the opportunity at each AGM of the Company, to vote on the continuation of the Company. The Investment Manager has agreed that, if any such resolution is not passed, the company will be entitled to give notice terminating the Investment Managers appointment without compensation being payable to the Investment Manager in lieu of any period of notice otherwise required under the Investment Manager Agreement.
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity n/a UK Smaller Companies
Largest holdings, 31-Mar-2014
Holding (%) Rank Holding (%) Rank
TYMAN PLC12.001GOALS SOCCER CENTRES6.406
E2V TECHNOLOGIES10.002ALLOCATE SOFTWARE PLC6.207
SERVELEC GROUP PLC9.103EMIS GROUP PLC6.208
4IMPRINT GROUP PLC8.104GOOCH & HOUSEGO PLC5.509
WILMINGTON GROUP8.005
 Total71.50 
Regional weightings, 31-Mar-2014
Region (%) Rank  
UK 88.30 1 88.30% UK
Cash 11.70 2 11.70% Cash
Total100.00 
Sector weightings, 31-Mar-2014
Sector (%) Rank  
Technology 21.60 1 21.60% Technology
Industrials 18.30 2 18.30% Industrials
Electronics 18.20 3 18.20% Electronics
Support Services 12.20 4 12.20% Support Services
Cash 11.70 5 11.70% Cash
Consumer Services 8.30 6 8.30% Consumer Services
Media 8.00 7 8.00% Media
Unlisted 1.50 8 1.50% Unlisted
Health Care 0.20 9 0.20% Health Care
Total100.00 


All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

 
 
Sign up for email alerts
Stay upto date on the latest fund research from FE
 
subscribe Readers of this page also looked at:
alter BlackRock Emg Eur Plc
alter SVG Capital plc
alter Medicx
alter Dunedin Enterprise IT plc
alter Chelverton Growth Trust plc
 
 
 
Add your comment
 
Reload Change mode
 
Enter the words above:
Send comment
 
Theo Jul 14th, 2011 at 02:52 AM

How on Earth does this IT get 3 crowns from Trustnet, with a 3yr and 5yr performance like that?

Reply
 

Back to top of page

Downloads

Asset allocation

UK Equities, 88.30%
88.3000% ofUK Equities
Cash, 11.70%
11.7000% ofCash

Sector analysis

Charting

FE Trustnet portfolio

register   login
Register     Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio
 
  • Stay connected with FE trustnet
  • Authorised and Regulated by the
    Financial Conduct Authority
  • © Trustnet Limited . All Rights Reserved.
  • Please read our Terms of Use / Disclaimer
    and Privacy and Cookie Policy.
  • Data supplied in conjunction with Thomson Financial Limited,
    London Stock Exchange Plc, StructuredRetailProducts.com
    and ManorPark.com