Impax Environmental Markets (Ordinary Share) IEM

Sector Specialist: Environmental

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Estimated NAV (p)

170.00

Share Price (p)

151.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Impax Environmental Markets (Ordinary Share) Price 54.84%
Impax Environmental Markets (Ordinary Share) NAV 48.28%
FTSE World 55.83%
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 151.9p -10.7% 170.00p 171.00p
27 Aug
108% 0.79%

Discrete performance % over

Fund / BenchmarkSep '11
Aug '12
Sep '12
Aug '13
Sep '13
Aug '14
Impax Environmental Markets (Ordinary Share) Price-4.1743.4812.61
Impax Environmental Markets (Ordinary Share) NAV3.3525.9313.94
FTSE World15.4319.0213.42

Discrete performance over

Discrete Performance

Top 10 Holdings

Pall Corp 2.93%
Kingspan Group UK 2.93%
Spirax-Sarco Engineering PLC 2.83%
China Longyuan Power Group Corp Ltd 2.63%
Nibe 2.53%
Watts Water Technologies, Inc. 2.53%
Horiba Ltd. 2.42%
BorgWarner, Inc. 2.22%
Clean Harbors Inc 2.22%
Lee & Man Paper Mfg 2.22%

Sectors weighting

Energy 45.00%
Water Companies 19.00%
Technology 19.00%
Environmental 12.00%
Agribusiness 4.00%
Cash & Cash Equivalent 1.00%

Regional weighting

North America Region 39.00%
Europe Developed ex-UK 37.00%
UK 11.00%
Asia exc Japan 6.00%
Japan 6.00%
Cash/Cash Equiv. 1.00%
  • Investment trust info:

  • Sector Sector Specialist: Environmental
  • Launch Date 22 Feb 2002
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 151.75
  • Share Type Ordinary Share
  • TIDM IEM
  • ISIN GB0031232498
  • Shares Issued (M) 221
  • Market Capital (£M) 335.92
  • Gross Assets (£M) 406.05
  • Net Assets (£M) 375.99
  • TER (%) 1.15
  • Historic Dividend Yield (%) 0.79
  • Next Dividend Date 23 Apr 2015
  • Next Dividend (p) 1.20
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 14 Apr 2014
  • Next due Report Date 31 Dec 2014
  • Next due Report Type A/R
  • Objective:

  • To achieve sustained growth through quoted companies which provide products/services in environmental markets and technology based systems.
  • Management Group(s):

  • Impax Asset Management
  • Impax Asset Management Limited
  • Managed by:

  • Bruce Jenkyn-Jones Start: 22 Feb 2002
  • Ian Simm Start: 22 Feb 2002
  • Jon Forster Start: 22 Feb 2002
  • Management Contract & Fees:

    The Company is managed by Impax Asset Management Limited. The Management Agreement was amended, conditional on Admission of C Shares taking place. Under the amended management agreement the management fee will be calculated at the current monthly rate of 1/12 of 1% for net assets not exceeding GBP200m but at the reduced monthly rate of 1/12 of 0.9% for net assets in excess of GBP200m, 1/12 of 0.825% for net assets between GBP300m and GBP400m and 1/12 of 0.8% on net assets in excess of GBP400m. The Manager is also entitled to reimbursement of certain expenses incurred by it in connection with its duties. The Management Agreement is subject to 12 months' notice on either side. The Administrator (Cavendish Administration Limited) receives a monthly fee of GBP1,666.67 plus a monthly fee equal to one twelfth of 0.075% of NAV of the Company. The administration fee is capped at GBP80,000 in each financial year. Custodian (Northern Trust Company Limited) to receive an annual fee of GBP3,750 and a holding charge between 0.01% and 0.07% of value of assets of Company payable monthly in arrear and fees of between GBP10 and GBP65 per transaction. The Company will charge 75% of the management fee to capital.