DW Catalyst GBP (Ordinary Share) DWCG

Hedge Funds

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Estimated NAV


Share Price


Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
DW Catalyst GBP (Ordinary Share) Price 3.71%
DW Catalyst GBP (Ordinary Share) NAV 12.40%
FTSE World 42.86%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement


Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1130.0 -11.3% 1274.00 1393.00
30 Jun

Discrete performance % over

Fund / BenchmarkDec '12
Nov '13
Dec '13
Nov '14
Dec '14
Nov '15
DW Catalyst GBP (Ordinary Share) Price14.7413.17-20.13
DW Catalyst GBP (Ordinary Share) NAV13.366.78-7.14
FTSE World22.5213.692.56

Discrete performance over

Discrete Performance

Sectors weighting

Hedge Funds 100.00%
  • Investment trust info:

  • Sector Hedge Funds
  • Launch Date 14 Dec 2010
  • Currency GBX
  • Domicile Guernsey
  • Share Price 1145.00
  • Share Type Ordinary Share
  • ISIN GG00B4XV9331
  • Shares Issued (M) 09
  • Market Capital (£M) 98.05
  • Gross Assets (£M) 112.35
  • Net Assets (£M) 112.35
  • TER (%) 2.51
  • Last AGM 24 Jun 2015
  • Next AGM 24 Jun 2016
  • Last Annual Report Date 15 Apr 2015
  • Next due Report Date 30 Jun 2014
  • Next due Report Type I/R
  • Objective:

  • To generate high absolute returns through exposure to financial assets predominantly in the corporate credit, mortgage-backed securities and asset-backed securities markets.
  • Management Group(s):

  • Brevan Howard Capital Management LP
  • Brevan Howard Capital Management LP
  • DW Investment Management LP
  • DW Partners, LP
  • Managed by:

  • David Warren Start: 01 Jan 2015
  • Jennifer Drake Start: 01 Jan 2015
  • Management Contract & Fees:

    Management fee equal to one twelfth of 2% of the Net Assets of each class of Shares (before deduction of that months management fee and before deduction for any accrued performance fees) as at the NAV Calculation Date in each month, payable monthly. The manager will also be entitled to receive a performance fee from the Company calculated on a per share basis in respect of each class. For each calculation period, the performance fee will be equal to 20% of the appreciation in the Net Asset Value per Share above the Base Net Asset Value per share of that class. The base Net Asset Value per share will be the greater of (i) the Net Asset Value per share at the beginning of the relevant calculation period and (ii) the highest Net Asset Value per share achieved as at the end of any previous calculation period. The agreement may be terminated by either party giving 24 months written notice.