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SQN Secured Income (Ordinary Share) SSIF

Sector Specialist: Securitised Debt

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Estimated NAV

99.00

Share Price

96.74

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
SQN Secured Income (Ordinary Share) Price 17.92%
SQN Secured Income (Ordinary Share) NAV 7.97%
FTSE World 32.13%
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 97.3 -1.7% 99.00 99.00
30 Apr
100% 7.40%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
SQN Secured Income (Ordinary Share) Price17.92
SQN Secured Income (Ordinary Share) NAV7.97
FTSE World32.13

Discrete performance over

Discrete Performance

Sectors weighting

General Equity 95.60%
Fixed Interest 95.60%
Net Current Assets 4.40%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 23 Sep 2015
  • Currency GBX
  • Domicile UK
  • Share Price 96.74
  • Share Type Ordinary Share
  • TIDM SSIF
  • ISIN GB00BYMK5S87
  • Shares Issued (M) 53
  • Market Capital (£M) 51.26
  • Gross Assets (£M) 52.13
  • Net Assets (£M) 52.13
  • TER (%) 0.00
  • Historic Dividend Yield (%) 7.40
  • Last AGM  
  • Next AGM  
  • Last Annual Report Date 28 Apr 2017
  • Next due Report Date 31 Dec 2016
  • Next due Report Type I/R
  • Objective:

  • To provide Shareholders with attractive risk adjusted returns through investment predominantly in a range of secured loans originated through a variety of channels and diversified by way of asset class, geography and duration.
  • Management Group(s):

  • GLI Asset Management Limited
  • SQN Capital Management, LLC
  • Managed by:

  • Not Disclosed Start: 01 Apr 2017
  • Management Contract & Fees:

    The investment manager receives a management fee at a rate of 1.0% p.a. of the Company's net assets up to £250 million, 0.9% p.a. for NA greater than £250 million and lower than or equal to £500 million and 0.8% p.a. for NA greater than £500 million. The investment manager would be entitled to charge an additional structuring fee of up to 1.0% of the costs to the Company (ignoring gearing and transaction expenses) of acquiring each investment (excluding any investment acquired from SQN or the funds they manage). No performance fee.

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