DW Catalyst GBP (Ordinary Share) DWCG

Hedge Funds

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Estimated NAV

1327.00

Share Price

 

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1230.0 -7.3% 1327.00 1299.00
31 Dec
100%

Sectors weighting

Hedge Funds 100.00%
  • Investment trust info:

  • Sector Hedge Funds
  • Launch Date 14 Dec 2010
  • Currency  
  • Domicile Guernsey
  • Share Price  
  • Share Type Ordinary Share
  • TIDM DWCG
  • ISIN GG00B4XV9331
  • Shares Issued (M) 09
  • Market Capital (£M) 114.99
  • Gross Assets (£M) 124.07
  • Net Assets (£M) 124.07
  • TER (%) 0.54
  • Last AGM 22 Jun 2017
  • Next AGM 22 Jun 2018
  • Last Annual Report Date 02 May 2017
  • Next due Report Date 30 Jun 2017
  • 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 1.5% of the Net Assets of each class of Shares 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.