SQN Asset Finance Income C (Ordinary Share) SQNC

Sector Specialist: Leasing

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Estimated NAV

98.00

Share Price

 

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 110.0 12.2% 98.00 98.00
30 Sep
100% 0.84%

Sectors weighting

Net Current Assets 100.00%
  • Investment trust info:

  • Sector Sector Specialist: Leasing
  • Launch Date 09 Nov 2015
  • Currency  
  • Domicile Guernsey
  • Share Price  
  • Share Type Ordinary Share
  • TIDM SQNC
  • ISIN GG00BZ184P04
  • Shares Issued (M) 180
  • Market Capital (£M) 198.00
  • Gross Assets (£M) 176.47
  • Net Assets (£M) 176.47
  • TER (%) 0.00
  • Historic Dividend Yield (%) 0.84
  • Last AGM  
  • Next AGM 24 Nov 2016
  • Last Annual Report Date 04 Jan 2016
  • Next due Report Date 30 Jun 2016
  • Next due Report Type A/R
  • Objective:

    To provide regular, sustainable dividends and to generate capital appreciation through investment, directly or indirectly, in business-essential, revenue-producing (or cost-saving) equipment and other physical assets.

  • Management Group(s):

  • SQN Capital Management, LLC
  • Managed by:

  • Jeremiah Silkowski Start: 09 Nov 2015
  • Management Contract & Fees:

    The Investment Manager will be entitled to a management fee at a rate equivalent to the following schedule: 1% of NAV for assets lower than or equal to £ 300m; 0.9% of NAV for assets greater than £ 300m and lower than or equal to £ 500m; and 0.8% of NAV for assets greater than £ 500m. The management fee is payable monthly in arrears on the last calendar day of each month. No performance fee is payable by the Company to the Investment Manager. Contract terminable on 12 months' notice.