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Northern Investors Company (Ordinary Share) NRI

Private Equity

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Estimated NAV

233.00

Share Price

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Northern Investors Company (Ordinary Share) Price -40.87%
Northern Investors Company (Ordinary Share) NAV 18.34%
LPX United Kingdom 5.14%
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 221.0 -5.3% 233.00 233.00
30 Sep
100% 13.57%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Northern Investors Company (Ordinary Share) Price-17.28-10.25-16.58-4.53
Northern Investors Company (Ordinary Share) NAV-1.3914.614.710.00
LPX United Kingdom2.71-1.672.651.41

Discrete performance over

Discrete Performance

Top 10 Holdings

Optilan Group 44.41%
Axial System Holdings 28.34%
Weldex (International) Offshore 20.38%
Lanner Group 6.75%
CGI Group, Inc. A 6.21%

Sectors weighting

Unlisted Equities 83.70%
Net Current Assets 16.30%
  • Investment trust info:

  • Sector Private Equity
  • Launch Date 27 Apr 1990
  • Currency GBX
  • Domicile UK
  • Share Price N/A
  • Share Type Ordinary Share
  • TIDM NRI
  • ISIN GB00B08S4K30
  • Shares Issued (M) 02
  • Market Capital (£M) 5.52
  • Gross Assets (£M) 5.83
  • Net Assets (£M) 5.83
  • TER (%) 2.20
  • Historic Dividend Yield (%) 13.57
  • Last AGM 11 Jul 2017
  • Next AGM 11 Jul 2018
  • Last Annual Report Date 12 Jun 2017
  • Next due Report Date 31 Mar 2018
  • Next due Report Type A/R
  • Objective:

  • To conduct an orderly realisation of the assets of the Company, to be effected in a manner that seeks to achieve a balance between an efficient return of cash to Shareholders and maximising the value of the Company's investments.
  • Management Group(s):

  • NVM Private Equity LLP
  • NVM Private Equity Ltd
  • Managed by:

  • Alastair Conn Start: 27 Apr 1990
  • Martin Green Start: 01 Jan 2005
  • Tim Levett Start: 27 Apr 1990
  • Management Contract & Fees:

    NVM is entitled to receive an annual fee for providing investment advisory services. For the year ended 31 March 2016 the advisory fee was £300,000. With effect from 1 April 2016 the advisory fee comprises a fixed basic fee and a variable fee. The fixed basic fee, which is payable quarterly in advance, is £100,000 per annum. The variable fee is equivalent to 1.0% per annum of the company's net assets as shown in its published financial statements, updated every six months as at 31 March and 30 September each year, and is payable quarterly in arrears. NVM is entitled to receive a performance fee once the company has made cash distributions to shareholders subsequent to 31 March 2011 equivalent to £58,988,000 (the company's net assets as at 31 March 2011), plus a hurdle at the rate of 7% per annum compound applied to net assets as adjusted for cash distributions. Once this target has been achieved, NVM's performance fee for each financial year will be an amount equivalent to 12.5% of all amounts capable of distribution to shareholders in excess of £58,988,000, based on the audited accounts for the relevant financial year, less any performance fees paid in respect of earlier years.

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