Witan (Ordinary Share) WTAN

Global Growth

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Estimated NAV (p)

726.00

Share Price (p)

728.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Witan (Ordinary Share) Price 65.70%
Witan (Ordinary Share) NAV 44.40%
FTSE World 43.72%
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 720.0p -0.8% 726.00p 720.00p
29 Oct
111% 2.13%

Discrete performance % over

Fund / BenchmarkNov '11
Oct '12
Nov '12
Oct '13
Nov '13
Oct '14
Witan (Ordinary Share) Price7.3938.4711.43
Witan (Ordinary Share) NAV6.8030.633.50
FTSE World6.8825.657.02

Discrete performance over

Discrete Performance

Top 10 Holdings

Reed Elsevier 1.81%
Diageo Plc 1.36%
London Stock Exchange 1.27%
Comcast Corp 1.27%
Unilever Plc 1.18%
Pearson 1.08%
BP Plc 0.99%
Princess Private Equity 0.99%
Daily Mail and General Trust PLC 0.99%
NB Distressed Debt Investment Fund 0.99%

Sectors weighting

Finance - General 24.20%
Consumer Services 16.20%
General Industrials 13.00%
Miscellaneous 12.50%
Consumer Goods 11.70%
Healthcare 7.20%
Technology 7.10%
Open-Ended Fund 5.60%
Equity Long/Short 2.70%
Cash & Fixed Interest -0.20%

Regional weighting

UK 42.00%
North America Region 24.00%
Europe Developed ex-UK 14.00%
Asia exc Japan 10.00%
Japan 7.00%
Other Countries 2.00%
Cash/Cash Equiv. 0.00%
  • Investment trust info:

  • Sector Global Growth
  • Launch Date 17 Feb 1909
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 728.75
  • Share Type Ordinary Share
  • TIDM WTAN
  • ISIN GB0009744060
  • Shares Issued (M) 189
  • Market Capital (£M) 1363.04
  • Gross Assets (£M) 1527.32
  • Net Assets (£M) 1373.90
  • TER (%) 0.73
  • Historic Dividend Yield (%) 2.13
  • Next Dividend Date 20 Nov 2014
  • Next Dividend (p) 3.60
  • Last AGM 30 Apr 2014
  • Next AGM 30 Apr 2015
  • Last Annual Report Date 14 Mar 2014
  • Next due Report Date 31 Dec 2014
  • Next due Report Type A/R
  • Objective:

  • To achieve long term growth in income and capital through active multi-manager investment in global equities.
  • Management Group(s):

  • Witan Investment Services
  • Managed by:

  • Team Managed Start: 15 Sep 2004
  • Team Managed Start: 15 Sep 2004
  • Management Contract & Fees:

    The management of the Fund is overseen by Witan Investment services but actively managed by 11 Investment managers for 6 equity investment mandates. Each of the managers is entitled to a base fee, calculated according the value of the assets under management and a performance fee, and calculated according to investment performance, over a rolling 3 year period. Each of the performance fees is subject to a cap and each management agreement can be terminated on one month's notice. The base management fee rates range from 0.2% to 0.8% per annum and the performance fees range from nil to 20% per annum of the relevant outperformance. All the fees are payable quarterly in arrears. The performance fees are payable on a pro rata basis, after a minimum initial period of one year. The average aggregate base management fee, weighted according to the value of the funds under management, was 0.47% as at 31-Dec-13. On a similar basis, the average performance fee is 6% of outperformance of the relevant benchmark, subject to capping of payments for any particular year.