Northern 2 VCT (Ordinary Share) NTV

VCT Generalist

Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Add to Virtual Portfolio | Print page

Estimated NAV

67.00

Share Price

64.39

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Northern 2 VCT (Ordinary Share) Price 33.32%
Northern 2 VCT (Ordinary Share) NAV 31.02%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 63.5 -4.5% 67.00 67.00
31 Dec
100% 8.66%

Discrete performance % over

Fund / BenchmarkJun '15
May '16
Jun '16
May '17
Jun '17
May '18
Northern 2 VCT (Ordinary Share) Price17.4510.662.58
Northern 2 VCT (Ordinary Share) NAV10.6718.48-0.07

Discrete performance over

Discrete Performance

Top 10 Holdings

Buoyant Upholstery 4.73%
Biological Preparations Group 4.57%
Volumatic 4.24%
Wear Inns 4.24%
MSQ Partners 4.08%
Silverwing 3.91%
Agilitas Holdings 3.42%
Arleigh International 3.42%
Closerstill Holdings 3.42%
Kitwave One 3.26%

Sectors weighting

Venture Capital 47.80%
Net Current Assets 38.70%
Business Services 30.60%
Consumer Goods 27.70%
Information Technology 21.60%
General Industrials 13.10%
Fixed Interest 7.30%
Healthcare 7.00%
General Equity 6.20%
  • Investment trust info:

  • Sector VCT Generalist
  • Launch Date 21 Apr 1999
  • Currency GBX
  • Domicile UK
  • Share Price 64.39
  • Share Type Ordinary Share
  • TIDM NTV
  • ISIN GB0005356430
  • Shares Issued (M) 130
  • Market Capital (£M) 82.61
  • Gross Assets (£M) 86.51
  • Net Assets (£M) 86.51
  • TER (%) 2.63
  • Historic Dividend Yield (%) 8.66
  • Last AGM 14 Jul 2017
  • Next AGM 16 Jul 2018
  • Last Annual Report Date 19 Jun 2017
  • Next due Report Date 31 Mar 2018
  • Next due Report Type A/R
  • Objective:

    To invest mainly in unquoted venture capital holdings and aims to provide high long-term tax-free returns to shareholders through a combination of dividend yield and capital growth.

  • Management Group(s):

  • NVM Private Equity LLP
  • NVM Private Equity Ltd
  • Managed by:

  • Tim Levett Start: 21 Apr 1999
  • Management Contract & Fees:

    The Investment Manager receives a basic management fee, payable quarterly in advance, at the rate of 2.06% p.a. of net assets calculated half-yearly as at 31-Mar and 30-Sep. NVM provides accounting, administrative and secretarial services to the company for a fee of 54,000 per annum, linked to the movement in the RPI. The fee payable in respect of the preceding year was 54,000. Under current tax legislation the fees paid by the company to NVM are not subject to VAT. The total annual running costs of the company, including the basic management fee and the accounting and secretarial fee but excluding the performance-related management fee, are capped at 2.9% of average net assets and any excess will be refunded to the company by way of a reduction in NVM's basic management fee.