New City Energy (Ordinary Share) NCE

Sector Specialist: Commodities and Natural Resources

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Estimated NAV

17.00

Share Price

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
New City Energy (Ordinary Share) Price -49.73%
New City Energy (Ordinary Share) NAV -51.98%
FTSE World 44.24%
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 14.9 -11.0% 17.00 16.00
31 Jul
111% 6.72%

Discrete performance % over

Fund / BenchmarkSep '13
Aug '14
Sep '14
Aug '15
Sep '15
Aug '16
New City Energy (Ordinary Share) Price-0.85-59.1023.95
New City Energy (Ordinary Share) NAV1.83-56.919.45
FTSE World11.11-2.9933.83

Discrete performance over

Discrete Performance

Top 10 Holdings

BW LPG Ltd 9.51%
Vermilion Energy Trust 8.84%

Sectors weighting

Resources 86.00%
Fixed Interest 14.10%

Regional weighting

North America Region 36.00%
Europe Developed ex-UK 32.00%
Fixed Interest 14.00%
UK 8.00%
Other Countries 5.00%
Asia exc Japan 4.00%
  • Investment trust info:

  • Sector Sector Specialist: Commodities and Natural Resources
  • Launch Date 11 Feb 2008
  • Currency GBX
  • Domicile Jersey
  • Share Price N/A
  • Share Type Ordinary Share
  • TIDM NCE
  • ISIN JE00B2B0SY27
  • Shares Issued (M) 53
  • Market Capital (£M) 7.88
  • Gross Assets (£M) 9.84
  • Net Assets (£M) 8.85
  • TER (%) 2.95
  • Historic Dividend Yield (%) 6.72
  • Last AGM 09 Mar 2016
  • Next AGM 09 Mar 2017
  • Last Annual Report Date 31 Dec 2015
  • Next due Report Date 30 Sep 2016
  • Next due Report Type A/R
  • Objective:

  • To deliver attractive returns to Shareholders principally in the form of capital growth yet with some prospect of income, by investing in the securities of companies involved in the exploration, development, and production of energy.
  • Management Group(s):

  • CQS Cayman
  • New City Inv Managers
  • Managed by:

  • Ian Francis Start: 30 Sep 2011
  • Keith Watson Start: 26 Oct 2015
  • Robert Crayfourd Start: 26 Oct 2015
  • Management Contract & Fees:

    The Investment Manager is entitled to fees at the rate of 1.375% per annum of total assets (less current liabilities but inclusive of bank borrowings). In addition, the Investment Manager is entitled to a performance fee at the rate of 20% of outperformance above an 8% p.a. hurdle with high watermark provision. Investment Management Agreement is terminable on 12 months written notice by either party.