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John Laing Environmental Asset

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Estimated NAV

99.00

Share Price

107.95

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 107.5 8.7% 99.00 98.00
30 Jun
100% 5.87%

Sectors weighting

Environmental 98.80%
Net Current Assets 1.20%
  • Investment trust info:

  • Sector -
  • Launch Date 31 Mar 2014
  • Currency GBX
  • Domicile Guernsey
  • Share Price 107.95
  • Share Type Ordinary Share
  • TIDM JLEN
  • ISIN GG00BJL5FH87
  • Shares Issued (M) 378
  • Market Capital (£M) 406.86
  • Gross Assets (£M) 374.45
  • Net Assets (£M) 374.45
  • TER (%) 1.52
  • Historic Dividend Yield (%) 5.87
  • Last AGM 16 Aug 2017
  • Next AGM 16 Aug 2018
  • Last Annual Report Date 27 Jun 2017
  • Next due Report Date 30 Sep 2017
  • Next due Report Type I/R
  • Objective:

  • To provide investors with a high and predictable dividend yield by investing in environmental infrastructure projects either directly or indirectly.
  • Management Group(s):

  • John Laing Capital Management
  • Managed by:

  • Chris Tanner Start: 31 Mar 2014
  • Management Contract & Fees:

    The Investment Adviser is entitled to a base fee at the annual rate of 1.0% of that part of the Adjusted Portfolio Value up to and including £ 1bn and 0.9% of that part of the Adjusted Portfolio Value over £ 1bn, together with any applicable VAT. The Base Fee accrues quarterly in arrears as at each Valuation Day, and is calculated by reference to the Adjusted Portfolio Value as at the relevant Valuation Day. The Base Fee is payable in cash by the Fund in Sterling within 10 Business Days of the relevant Valuation Day. The Directors intend to keep the Base Fee described above under review to ensure it is set at an appropriate level.

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