We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Ground Rents Income Fund plc (GRIO) Ord GBP0.50

Sell:21.00p Buy:22.00p 0 Change: 0.80p (3.86%)
Market closed |  Prices as at close on 19 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:21.00p
Buy:22.00p
Change: 0.80p (3.86%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 19 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:21.00p
Buy:22.00p
Change: 0.80p (3.86%)
Market closed |  Prices as at close on 19 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The assets of the Company will be realised in a controlled, orderly and timely manner, with the objective of achieving a balance between (i) periodically returning cash to shareholders at such times and from time to time and in such manner as the Board may determine; and (ii) optimising the net realisation value of the Company’s investments. The strategy for realising individual investments will be flexible and may need to be altered to reflect changes in circumstances of a particular investment or in the prevailing market conditions. Whilst implementing this realisation strategy, the Company will aim to deliver best-in-class residential asset management including fairness, transparency, and affordability for leaseholders.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Schroders is paid a simplified, tiered annual fee comprising 1% of NAV up to GBP 200m 0.9% of NAV between GBP 200m and GBP 400m and 0.8% of NAV above GBP 400m.

Dividend Policy

The Company will continue to pay dividends, but only when sustainable and in order to comply with the distribution requirements relating to the Company’s UK REIT status, and in line with all other relevant laws and regulations.

ASSET SPLIT

Total number of holdings: 5.

Trust Manager

Not currently available for this investment trust.

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Barry GilbertsonChairman, Katherine Innes-Ker, William Holland, Jane Vessey

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.