Citywire for Financial Professionals

UK Mortgages (Ordinary Share) UKML

Sector Specialist: Securitised Debt

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

88.00

Share Price

94.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
UK Mortgages (Ordinary Share) Price 4.57%
UK Mortgages (Ordinary Share) NAV 1.96%
FTSE All-Share Index 13.37%
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 95.0 8.1% 88.00 88.00
31 Aug
100% 6.32%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
UK Mortgages (Ordinary Share) Price4.57
UK Mortgages (Ordinary Share) NAV1.96
FTSE All-Share Index13.37

Discrete performance over

Discrete Performance

Sectors weighting

Cash/Cash Equivalent 100.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 07 Jul 2015
  • Currency GBX
  • Domicile Guernsey
  • Share Price 94.50
  • Share Type Ordinary Share
  • TIDM UKML
  • ISIN GG00BXDZMK63
  • Shares Issued (M) 250
  • Market Capital (£M) 237.50
  • Gross Assets (£M) 219.63
  • Net Assets (£M) 219.63
  • TER (%) 1.30
  • Historic Dividend Yield (%) 6.32
  • Last AGM 07 Dec 2016
  • Next AGM 07 Dec 2017
  • Last Annual Report Date 24 Nov 2016
  • Next due Report Date 30 Jun 2017
  • Next due Report Type A/R
  • Objective:

  • To provide Shareholders with access to stable income returns through the application of relatively conservative levels of leverage to portfolios of UK Mortgages.
  • Management Group(s):

  • TwentyFour Asset Management LLP
  • Managed by:

  • Ben Hayward Start: 07 Jul 2015
  • Douglas Charleston Start: 07 Jul 2015
  • Management Contract & Fees:

    From 1 July 2017 the annual portfolio management fee payable by UKML to TwentyFour is 0.60% of the lower of the NAV and the market capitalisation. Subject to a review by the Board and its agreement at that time, the fee will revert to the original level of 0.75% after four years.

Sorry, this link is not
quite ready yet