Better Capital PCC 2009 (Ordinary Share) BCAP

Private Equity

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Estimated NAV (p)

113.00

Share Price (p)

82.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Better Capital PCC 2009 (Ordinary Share) Price -21.46%
Better Capital PCC 2009 (Ordinary Share) NAV 12.04%
LPX United Kingdom 90.55%
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 82.8p -26.7% 113.00p 113.00p
31 Mar
100%

Discrete performance % over

Fund / BenchmarkDec '11
Nov '12
Dec '12
Nov '13
Dec '13
Nov '14
Better Capital PCC 2009 (Ordinary Share) Price28.7613.66-46.33
Better Capital PCC 2009 (Ordinary Share) NAV19.956.37-12.19
LPX United Kingdom30.4930.0912.24

Discrete performance over

Discrete Performance

Top 10 Holdings

Gardner 50.35%
Santia 15.85%
Omnico Group 15.02%
Calyx 8.76%
Fairline 0.000 7.36%
Spicers 2.67%

Sectors weighting

Unlisted Equities 97.80%
Net Current Assets 2.20%
  • Investment trust info:

  • Sector Private Equity
  • Launch Date 17 Dec 2009
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 82.75
  • Share Type Ordinary Share
  • TIDM BCAP
  • ISIN GG00B5885941
  • Shares Issued (M) 207
  • Market Capital (£M) 171.11
  • Gross Assets (£M) 233.58
  • Net Assets (£M) 233.58
  • TER (%) 0.17
  • Last AGM 31 Jul 2014
  • Next AGM 31 Jul 2015
  • Last Annual Report Date 04 Aug 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To generate attractive total returns from investing in a portfolio of distressed businesses. Such returns are expected to be from capital growth. The Company is a feeder fund and will pursue its objective by investing in Better Capital Fund.
  • Management Group(s):

  • Heritage International FM
  • Managed by:

  • Team Managed Start: 17 Dec 2009
  • Management Contract & Fees:

    After the Conversion to the PCC, the Administrator receives an annual fee, subject to an overall cap of GBP 250,000 per annum as a whole, of: 1) an ad valorem fee of 0.1% of the NA per annum of the first GBP 100m and 0.05% thereafter of each of 2009 cell and 2012 cell subject to a minimum fee of GBP 75,000 per annum per Cell; and 2) a fee of GBP 5,000 per annum in respect of the Core.