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CATCo Reinsurance Opps (Ordinary Share) CAT

Sector Specialist: Reinsurance

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Estimated NAV

1.00

Share Price

 

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
CATCo Reinsurance Opps (Ordinary Share) Price 15.48%
CATCo Reinsurance Opps (Ordinary Share) NAV 20.72%
FTSE World 51.43%
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 1.0 -5.8% 1.00 1.00
30 Apr
100% 6.90%

Discrete performance % over

Fund / BenchmarkDec '14
Nov '15
Dec '15
Nov '16
Dec '16
Nov '17
CATCo Reinsurance Opps (Ordinary Share) Price28.107.85-16.41
CATCo Reinsurance Opps (Ordinary Share) NAV26.044.44-8.29
FTSE World1.2828.4116.44

Discrete performance over

Discrete Performance

Sectors weighting

Miscellaneous 100.00%

Regional weighting

Other Countries 100.00%
  • Investment trust info:

  • Sector Sector Specialist: Reinsurance
  • Launch Date 20 Dec 2010
  • Currency  
  • Domicile Bermuda
  • Share Price  
  • Share Type Ordinary Share
  • TIDM CAT
  • ISIN BMG1961Q2095
  • Shares Issued (M) 392
  • Market Capital (£M) 308.71
  • Gross Assets (£M) 327.56
  • Net Assets (£M) 327.56
  • TER (%) 1.67
  • Historic Dividend Yield (%) 6.90
  • Last AGM 06 Apr 2017
  • Next AGM 06 Apr 2018
  • Last Annual Report Date 07 Mar 2017
  • Next due Report Date 31 Dec 2017
  • Next due Report Type A/R
  • Objective:

  • To provide investors with significant capital returns and long-term distributions by making investments linked to catastrophe reinsurance risks via a variety of insurance-based investments.
  • Management Group(s):

  • Markel CATCo Investment Management Ltd.
  • Managed by:

  • Lindsay Watson Start: 10 May 2016
  • Ly Lam Start: 02 Mar 2015
  • Mark Way Start: 16 Feb 2016
  • Michael Toyer Start: 12 Dec 2014
  • Tony Belisle Start: 20 Dec 2010
  • Management Contract & Fees:

    Markel CATCo receives a management fee monthly in arrears equal to 1/12 of 1.5% of the NAV of the Company's Master Fund Shares and 1/12 of 1.5% of the NAV of the Company, which is not attributable to the Company's investment in the Master Funds' shares as at the last calendar day of each calendar month. The Investment Manager will receive a performance fee based on the performance at the end of each calendar year and upon redemptions, dividends and the winding-up of the Master Fund equal to 10% of gains, subject to a high water mark methodology and provided that returns are at minimum of LIBOR + 7.5%.

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