International Oil & Gas Techno (Ordinary Share) OGT

Sector Specialist: Commodities and Natural Resources

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Estimated NAV (p)

4.00

Share Price (p)

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
International Oil & Gas Techno (Ordinary Share) Price -81.51%
International Oil & Gas Techno (Ordinary Share) NAV -63.66%
FTSE World 42.34%
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 1.2p -68.2% 4.00p 4.00p
30 Jun
100%

Discrete performance % over

Fund / BenchmarkNov '11
Oct '12
Nov '12
Oct '13
Nov '13
Oct '14
International Oil & Gas Techno (Ordinary Share) Price-23.19-37.41-61.54
International Oil & Gas Techno (Ordinary Share) NAV-2.66-36.89-40.84
FTSE World6.7726.115.71

Discrete performance over

Discrete Performance

Top 10 Holdings

Strata Energy Services Inc. 75.46%
SR2020 INC 16.36%
Crest Energy Services Limited 8.18%

Sectors weighting

Oil Exploration 97.00%
Net Current Assets 3.00%
  • Investment trust info:

  • Sector Sector Specialist: Commodities and Natural Resources
  • Launch Date 07 Jan 2008
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) N/A
  • Share Type Ordinary Share
  • TIDM OGT
  • ISIN GG00B29Q2M88
  • Shares Issued (M) 08
  • Market Capital (£M) 5.82
  • Gross Assets (£M) 18.33
  • Net Assets (£M) 18.33
  • TER (%) 4.44
  • Last AGM 04 Jun 2014
  • Next AGM 04 Jun 2015
  • Last Annual Report Date 26 Apr 2013
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide long-term capital gains and a regular dividend to investors through investing in growth companies which provide services and technology to the upstream oil and gas industry.
  • Management Group(s):

  • Linton Capital
  • QOGT Inc
  • Managed by:

  • David Sefton Start: 31 Dec 2010
  • John Imle Start: 07 Jan 2008
  • Kent Jespersen Start: 04 Jan 2008
  • Michael Goffin Start: 31 Dec 2010
  • Mickey Abougoush Start: 04 Jan 2008
  • Peter Lougheed Start: 04 Jan 2008
  • Philip Beck Start: 04 Jan 2008
  • Roland Wessel Start: 31 Dec 2010
  • T. Don Stacy Start: 04 Jan 2008
  • Management Contract & Fees:

    The Investment Management Agreement provides for: (a) a monthly investment management fee of USD110,000; and (b) incentive arrangement under which the Investment Manager will receive, upon realisation of the asset: (i) 7.5% of the increase in value of each portfolio asset between the amount of its valuation at 30-Sep-10 and the lower of the realisation proceeds of the portfolio asset and the equivalent of the amount of its valuation as at 31-Dec-09, and then (ii) in the event that the realisation proceeds exceed the amount of its valuation as at 31-Dec-09, 20% of the increase in value of each portfolio asset between the realisation proceeds of the portfolio asset and the equivalent of the amount of its valuation on 31-Dec-09 as used in (b)(i) above. (c) an incentive arrangement in respect of any portfolio assets purchased subsequent to 01-Jun-11 under which the Investment Manager will receive 20% of the value of all portfolio realisations once the Company has received an amount equal to the aggregate amount invested at cost in the respective portfolio asset plus an additional amount calculated by reference to a hurdle rate of 8% p.a. Any payments due to the Investment Manager under the above paragraphs (b) i and ii and (c) will be subject to an escrow arrangement, initially restricting the Company's cash payments to the Investment Manager to (i) 50% of the calculated amount in respect of any realisation of either Strata or any future portfolio assets, and (ii) 20% of the calculated amount in respect of all other portfolio realisations. Contract terminable on 12 months' notice.