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Contact details

10-11 Charterhouse Square, London, EC1M 6EE
020 7490 8026 (Fax Number)
020 7553 6300 (Main Number)

Fund managers

* Katie Potts»01-Jan-1994 to Present

Investment objectives

This fund's objective is to achieve capital appreciation through investments in smaller quoted companies, in the areas of communications and multi-media. Investments will be made throughout the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

Key Information

Fund vs sector

  1y 3y
Position 1 / 1 1 / 1
Quartile 1 1

Fund ratings

FE Crown Rating: 0 FE
Crown Rating
(Small Sector)


  1y 3y
Volatility 13.42 14.64
Alpha 0.03 0.11
Beta 1.00 1.00
Sharpe -0.01 0.64
InfoRatio 1.00 0.06
R2 1.00 0.99
Quartiles:   1  2   3  4   help with ratios
vs. Small Media Comms & IT Cos»


performance chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
-4.6 +46.0 +119.4 +34.8 +13.4 -7.2 +62.0
  NAV -0.1+41.6+93.6+26.8 +11.7-5.8+45.1
  Small Media Comms & IT Cos -5.0+47.7+118.9+35.0+15.2-6.2+58.1
Share Price
 ShareTypePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf HERALD INVESTMENT TRUST PLC UNIT 648.75 (p) 18-Dec-2014 -18.41 797.89 787.82
104 0.00 0.00
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
HERALD INVESTMENT TRUST PLC UNIT LONDON 25 77,340,000 503.48 n/a n/a company announcements
Share identifiers: TIDM: HRI; SEDOL: 0422864; ISIN: GB0004228648
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Gross assets£642.1m / $1,005.0m
Sector Small Media Comms & IT Cos
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has no Savings Plan 
Annual accountsannual (Click to order)
Last report / accounts23-Jul-2014
Last AGM23-Apr-2013
Next AGMApril 2013
Management contractHerald Investment Management Limiteds annual remuneration is 1.0% of the Company's net asset value based on middle market prices, calculated on a monthly basis payable in arrears. The management contract can be terminated at 12 months notice.
Borrowing limitNo loans were drawn down or repaid during the year to 31 December 2012.
Continuation / Wind-up provisionThe next continuation resolution will be proposed at the AGM in 2016 and every three years thereafter. If such resolution is not passed, the Directors will prepare and submit to Shareholders' (for approval by special resolution) proposals for the unitisation or other reconstruction of the Company. If these proposals are not approved the Company will be wound up. The authority to buy back up to 14.99% of its issued share capital has been renewed at the last AGM.
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Global Equity *None Small Media Comms & IT Cos
Largest holdings, 30-Nov-2014
Holding (%) Rank Holding (%) Rank
Regional weightings, 30-Nov-2014
Region (%) Rank  
UK 64.70 1 64.70% UK
North America 20.70 2 20.70% North America
Cash & Fixed Interest 5.80 3 5.80% Cash & Fixed Interest
Japan & Asia Pacific 5.20 4 5.20% Japan & Asia Pacific
EMEA 3.60 5 3.60% EMEA

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.

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Herald Inv Trust PLC: Net Asset Value

01:47 PM | 19-Dec-2014

UBS ETF EUGBBH ?: Net Asset Value(s)

08:16 AM | 19-Dec-2014

Latest Fundswire  

Asset allocation

UK Equities, 64.70%
64.7000% ofUK Equities
North American Equities, 20.70%
20.7000% ofNorth American Equities
Money Market, 5.80%
5.8000% ofMoney Market
Asia Pacific Equities, 5.20%
5.2000% ofAsia Pacific Equities
GCC Equities, 3.60%
3.6000% ofGCC Equities

Sector analysis


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