International Biotechnology Trust plc (IBT) Ordinary 25p Shares
Sell:676.00p
Buy:680.00p
0
Change:
4.00p
(0.59%)
4.00p
(0.59%)
FTSE All Share:0.75%
Market closed |
Prices as at close on 21 November 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
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Sell:676.00p
Buy:680.00p
Change:
4.00p
(0.59%)
4.00p
(0.59%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 21 November 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:676.00p
Buy:680.00p
Change:
4.00p
(0.59%)
4.00p
(0.59%)
Market closed |
Prices as at close on 21 November 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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 Company’s investment objective is to achieve long-term capital growth by investing in biotechnology and other life sciences companies. The Company will seek to achieve its objective by investing in a diversified portfolio of companies which may be quoted or unquoted and whose shares are considered to have good growth prospects, with suitably experienced management and strong potential upside through the development and/or commercialisation of a product, device or enabling technology.
| Security | Weight |
|---|---|
| Vera Therapeutics Inc Class A | 6.38% |
| Intra-Cellular Therapies Inc | 6.03% |
| Insmed Inc | 4.64% |
| Supernus Pharmaceuticals Inc | 3.96% |
| Sv Fund Vi Investment | 3.65% |
| Sv Bcof | 3.62% |
| Travere Therapeutics Inc Ordinary Shares | 3.35% |
| Ascendis Pharma AS ADR | 3.22% |
| Regeneron Pharmaceuticals Inc | 2.95% |
| Biomarin Pharmaceutical Inc | 2.92% |
| Sector | Weight |
|---|---|
| Healthcare | 102.19% |
| Country | Weight |
|---|---|
| United States | 84.03% |
| Denmark | 4.97% |
| United Kingdom | 3.56% |
| Netherlands | 2.84% |
| Canada | 2.05% |
| Spain | 1.90% |
| Germany | 1.42% |
| China | 0.78% |
| Switzerland | 0.30% |
| Sweden | 0.26% |
Fee Structure
Management fee payable monthly at the rate of 0.7% p.a. of the NAV. The performance fee on the unquoted pool is 20% of net realised gain performance fee on the quoted pool is 10% of relative outperformance above the sterling-adjusted NBI plus a 0.5% hurdle. Investment Management Agreement is terminable by either party on 12 months written notice.
Dividend Policy
The Board introduces an annual dividend, equals to 4% of the last day NAV of the financial year. Dividends are paid to shareholders semi-annually on January and August each year. Paying the dividend out of capital returns gives the shareholders a differentiated source of income from most other income generating investments, that is not affected by fluctuations in yield from the portfolio companies.
ASSET SPLIT
Trust Manager
Not currently available for this investment trust.
Manager Bio
Not currently available for this investment trust.
Board Of Directors
Kate Cornish-BowdenChairman, Gillian Elcock, Caroline Gulliver, Patrick Maxwell, Patrick Magee
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'.