Citywire for Financial Professionals

RM Secured Direct Lending (Ordinary Share) RMDL

Sector Specialist: Securitised Debt

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Estimated NAV

99.00

Share Price

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
RM Secured Direct Lending (Ordinary Share) Price 2.71%
RM Secured Direct Lending (Ordinary Share) NAV 3.91%
FTSE All-Share Index 4.93%
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 102.5 3.3% 99.00 99.00
31 Jan
100% 4.10%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
RM Secured Direct Lending (Ordinary Share) Price2.71
RM Secured Direct Lending (Ordinary Share) NAV3.91
FTSE All-Share Index4.93

Discrete performance over

Discrete Performance

Top 10 Holdings

Healthcare & Pharmaceuticals 14.19%
Advertising 13.22%
Renewable energy 12.42%
Asset finance 11.53%
Student Accommodation 7.84%
Insurance Company 7.10%
Consumer finance 5.77%
Food manufacturer 5.32%

Sectors weighting

Debt - General 100.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 15 Dec 2016
  • Currency GBX
  • Domicile UK
  • Share Price N/A
  • Share Type Ordinary Share
  • TIDM RMDL
  • ISIN GB00BYMTBG55
  • Shares Issued (M) 57
  • Market Capital (£M) 58.73
  • Gross Assets (£M) 56.88
  • Net Assets (£M) 56.88
  • TER (%)  
  • Historic Dividend Yield (%) 4.10
  • Last AGM  
  • Next AGM  
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To generate dividends by investing in secured debt instruments of UK SMEs and mid-market corporates including any loan, promissory notes, lease, bond, or preference share sourced or originated by the Investment Manager.
  • Management Group(s):

  • RM Capital Markets Limited
  • Managed by:

  • James Robson Start: 15 Dec 2016
  • Pietro Nicholls Start: 15 Dec 2016
  • Management Contract & Fees:

    The Investment Manager receives a management fee payable monthly in arrears. Where the prevailing NAV is equal to or in excess of £75 million, the Investment Manager shall be entitled to a fee calculated at the rate of 0.875% p.a. of the prevailing NAV. Where the prevailing NAV is less than £75 million, the Investment Manager shall be entitled to a fee calculated at the rate of 0.50% p.a. of the NAV. 50% of the management fee received by the Investment Manager will be reinvested into the Shares for the first three years following Admission. No performance fee will be payable by the Company to the Investment Manager.

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