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Investment trust info:
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Sector
UK Growth & Income
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Launch Date
28 Apr 2011
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Base Currency
GBX
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Domicile
UK
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Share Price (p)
65.75
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Share Type
Ordinary Share
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TIDM
DIVI
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ISIN
GB00B65TLW28
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Shares Issued (M)
209
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Market Capital (£M)
136.67
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Gross Assets (£M)
131.44
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Net Assets (£M)
131.44
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TER (%)
1.97
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Historic Dividend Yield (%)
3.34
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Next Dividend Date
20 Jun 2013
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Next Dividend (p)
0.46
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Last AGM
17 Oct 2012
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Next AGM
17 Oct 2013
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Last Annual Report Date
20 Sep 2012
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Next due Report Date
31 May 2013
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Next due Report Type
A/R
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Objective:
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To provide shareholders with an attractive level of dividends coupled with capital growth over the long term, through investment primarily in quoted or traded UK companies with a long-term bias toward small and mid-cap equities.
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Management Group(s):
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Midas Capital Partners Limited
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Midas Capital Partners Limited
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Midas Capital Partners Ltd
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Miton Capital Partners Limited
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Management Contract & Fees:
Manager shall be entitled to receive a management fee payable monthly in arrears calculated at the rate of one-twelfth of 1% per calendar month of the Market Capitalisation. In addition for so long as a Redemption Pool is in existence, the Manager shall be entitled to receive a fee calculated at the rate of one-twelfth of 1% per month of the net asset value of the Redemption Pool. The Redemption Pool will consist of cash, assets, and liabilities attributable to the Ordinary Shares which are the subject of valid Redemption Requests and which the Directors have exercised their discretion to redeem on the relevant Redemption Point. The Manager shall not be entitled to any performance fee. The Administrator is entitled to an administration fee of GBP 108,000. The Registrar is entitled to an annual maintenance fee of GBP1.65 per Shareholder account per annum, subject to a minimum of GBP 4,250 per annum (exclusive of VAT). The Custodian is entitled to be paid a custody charge based on the value of the assets and a transaction charge for transactions settlement subject to a minimum fee of GBP75,000 per annum (Exclusive of VAT).
