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EF Realisation (Ordinary Share) EFR

Sector Specialist: Utilities

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Estimated NAV

57.00

Share Price

45.99

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
EF Realisation (Ordinary Share) Price 42.88%
EF Realisation (Ordinary Share) NAV 36.03%
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 44.1 -23.1% 57.00 57.00
16 May
100%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
EF Realisation (Ordinary Share) Price-4.4018.56-2.8629.76
EF Realisation (Ordinary Share) NAV-9.3812.71-1.2534.88

Discrete performance over

Discrete Performance

Sectors weighting

General Equity 100.00%
  • Investment trust info:

  • Sector Sector Specialist: Utilities
  • Launch Date 26 Sep 2016
  • Currency GBX
  • Domicile Guernsey
  • Share Price 45.99
  • Share Type Ordinary Share
  • TIDM EFR
  • ISIN GG00BF243Y95
  • Shares Issued (M) 45
  • Market Capital (£M) 19.84
  • Gross Assets (£M) 25.79
  • Net Assets (£M) 25.79
  • TER (%)  
  • Last AGM 07 Mar 2018
  • Next AGM 07 Mar 2019
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/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 returning cash to Shareholders promptly and maximising the value of the Portfolio.
  • Management Group(s):

  • Ecofin Limited
  • Managed by:

  • John Murray Start: 26 Sep 2016
  • Management Contract & Fees:

    The Investment Manager will be eligible to receive a performance fee of 15% of all EFR Distributable Proceeds over the Performance Fee Initial Value, subject to a compounding 10% hurdle. The Performance Fee will be subject to a cap of 4% of the EFR Distributable Proceeds and will only be payable to the Investment Manager once Shareholders have received cash distributions of an amount equal to the Performance Fee Initial Value plus the initial value of each asset (excluding the Nil Value Assets) calculated as the higher of: (i) the original cost price to EWPO; or (ii) the current holding value as at the Calculation Date (the aggregate of all such valuations being, the Performance Fee Initial Value). The EFR Distributable Proceeds equals the amount distributed or available for distribution to Shareholders and any performance fee payable to the Investment Manager. The Investment Manager will not be entitled to a Performance Fee in respect of the Nil Value Assets. The Investment Manager will not be entitled to any base management fee pursuant to the terms of the Investment Management Agreement.

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