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Contact details

ManagerGroupLogo
Northumberland House, Princess Square, Newcastle upon Tyne, NE1 8ER
0191 244 6001 (Fax Number)
0191 244 6000 (Main Number)

new@nvm.co.uk


Investment objectives

To invest mainly in UK unquoted companies and aims to provide high long-term tax-free returns to shareholders through a combinations of dividend yield and growth.

Key Information

Fund vs sector

  1y 3y
Position 36 / 64 19 / 64
Quartile 3 2

Fund ratings

FE Crown Rating: 0 FE
Crown Rating
(Quantitative)
(Unrated Sector)

Ratios

  1y 3y
Volatility 6.74 13.37
Alpha 11.25 2.47
Beta -0.10 1.79
Sharpe 1.00 0.71
InfoRatio 0.33 0.53
R2 0.00 0.17
Quartiles:   1  2   3  4   help with ratios
vs. VCT Generalist»

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+8.1 +44.4 +102.0 +27.1 +5.1 +13.9 +22.8
  NAV +4.5+31.3+72.1+15.5 +8.8+18.7+10.5
  VCT Generalist +6.6+18.8+43.8+8.2+3.0+3.7+16.7
Share Price
 SharePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf NORTHERN VENTURE TRUST PLC ORD 79.00 (p) 23-Oct-2014 -6.44 84.44 84.70
30-Jun-2014
100 7.59 7.59
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
NORTHERN VENTURE TRUST PLC ORD UNIT LONDON 25 95,081,000 75.11 n/a n/a company announcements
Share identifiers: TIDM: NVT; SEDOL: 0645070; ISIN: GB0006450703
Detailed fund information
Launched1984
Gross assets£80.3m / $128.8m
Sector VCT Generalist
Asset ClassEquity
Annual accountsn/a
Last report / accounts19-Jun-2014
Last AGM12-Dec-2013
Next AGMDecember 2014
EGM27-Oct-2005
Stockbroker(s)Singer Capital Markets
Management contractNVM Private Equity Limited (NVM) has acted as investment adviser and manager to the company since October 1995. NVM receives a management fee, payable quarterly in advance, at the rate of 2% of gross assets less current liabilities, calculated at half-yearly intervals. The management agreement may be terminated by not less than twelve months' notice given by either party.
Borrowing limitn/a
Continuation / Wind-up provisionn/a
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
DirectorsJohn Hustler (Chairman), Nigel Beer, Simon Constantine, Tim Levett, Hugh Younger
Administratorn/a
RegistrarEquiniti Limited
Tax policyProvision is made for deferred taxation, using the liability method, on all material timing differences to the extent that it is considered probable that a liability will crystallise. There is Income tax relief at 20% on new subscriptions (provided the shares are held for at least 3 years)
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity n/a VCT Generalist
Largest holdings, 31-Mar-2014
Holding (%) Rank Prev Holding (%) Rank Prev
KERRIDGE COMMERCIAL SYSTEMS9.101(1)WEAR INNS2.506(9)
VOLUMATIC3.802(3)TINGLOBAL HOLDINGS2.307(8)
ADVANCED COMPUTER SOFTWARE GRP PLC3.203(7)INTUITIVE SURGICAL INC2.108(-)
CGI GROUP INC3.204(6)BUOYANT UPHOLSTERY2.009(-)
SILVERWING3.105(4)NO 1 TRAVELLER2.0010(-)
 Total33.30 
Regional weightings, 31-Mar-2014
Region (%) Rank Prev  
UK 79.30 1 (1) 79.30% UK
Cash and deposits 20.70 2 (2) 20.70% Cash and deposits
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.

 
 
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Asset allocation

UK Equities, 79.30%
79.3000% ofUK Equities
Money Market, 20.70%
20.7000% ofMoney Market

Sector analysis

Charting

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