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Sequoia Economic Infra Income (Ordinary Share) SEQI

Sector Specialist: Infrastructure

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Estimated NAV

102.00

Share Price

112.70

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Sequoia Economic Infra Income (Ordinary Share) Price 3.72%
Sequoia Economic Infra Income (Ordinary Share) NAV 8.00%
FTSE World 13.30%
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 111.5 9.8% 102.00 101.00
29 Sep
100% 5.38%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Sequoia Economic Infra Income (Ordinary Share) Price3.72
Sequoia Economic Infra Income (Ordinary Share) NAV8.00
FTSE World13.30

Discrete performance over

Discrete Performance

Top 10 Holdings

A'lienor S.A.S. (A65) 28.07%
AP Wireless Infrastructure 22.76%
IO Data Centers LLC 22.76%
Infinis Bridge 18.21%
Regard Group Mezzanine 17.15%
Natgasoline Senior Unsecured 15.17%
Exeltium Mezzanine 14.34%
Danaos Snr Secured 2018 13.35%
Neoen Production 1 S.A.S.U. 12.52%
Mount Signal Solar 12.14%

Sectors weighting

Fixed Interest 82.00%
Net Current Assets 18.00%
  • Investment trust info:

  • Sector Sector Specialist: Infrastructure
  • Launch Date 03 Mar 2015
  • Currency GBX
  • Domicile Guernsey
  • Share Price 112.70
  • Share Type Ordinary Share
  • TIDM SEQI
  • ISIN GG00BV54HY67
  • Shares Issued (M) 748
  • Market Capital (£M) 833.75
  • Gross Assets (£M) 759.49
  • Net Assets (£M) 759.49
  • TER (%) 1.39
  • Historic Dividend Yield (%) 5.38
  • Last AGM 29 Jun 2017
  • Next AGM 29 Jun 2018
  • Last Annual Report Date 21 Jun 2017
  • Next due Report Date 30 Sep 2017
  • Next due Report Type I/R
  • Objective:

  • To provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.
  • Management Group(s):

  • Int Fundmanagement
  • International Fund Management Limited
  • Sequoia Investment Management Company
  • Managed by:

  • Dolf Kohnhorst Start: 03 Mar 2015
  • Georgi Teofilov Start: 03 Mar 2015
  • Greg Taylor Start: 03 Mar 2015
  • Randall Sandstrom Start: 03 Mar 2015
  • Steve Cook Start: 03 Mar 2015
  • Management Contract & Fees:

    The Investment Adviser is entitled to receive a fee of (a) 0.5% p.a. of the value of listed bonds owned by the Group; plus (b) other than bonds and cash holdings, in relation to which no fees are payable to the Investment Adviser, where Group NAV (excluding cash) is (i) less than £ 250m, 0.9% p.a. of the value of the Group's other investments; (ii) between £ 250m and £ 500m, as in (b)(i) plus 0.8 per cent. on the total value of assets not included in (b)(i); (iii) between £ 500m and £ 750m, as in (b)(ii) plus 0.7% on the total value of assets not included in (b)(ii); and (iv) in excess of £ 750m, as in (b)(iii) plus 0.6% on the total value of assets not included in (b)(iii), in each case, payable quarterly. The Investment Advisory Agreement may be terminated by the Investment Manager with immediate effect, if inter alia (i) the Investment Adviser becomes insolvent (ii) the Investment Adviser commits a material breach of the Investment Advisory Agreement and fails to remedy such breach within 90 days of receiving written notice requiring it to do so; or (iii) the Investment Manager is required to do so by its regulator. The Investment Advisory Agreement may be terminated by the Investment Adviser (i) at any time by not less than 90 days' prior written notice to the Investment Manager; or (ii) with immediate effect (a) on the winding-up of the Investment Manager; or (b) if a resolution is proposed by the Board or passed by shareholders which would make changes to the Company's investment policy such that the Investment Adviser can no longer meet the service standard requirements.

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