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Onward Opportunities Ltd (ONWD) Ord NPV

Sell:121.00p Buy:126.00p 0 Change: No change
Market closed Prices as at close on 16 August 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:121.00p
Buy:126.00p
Change: No change
Market closed Prices as at close on 16 August 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:121.00p
Buy:126.00p
Change: No change
Market closed Prices as at close on 16 August 2024 Prices delayed by at least 15 minutes | Switch to live prices |
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 will seek to generate risk-adjusted absolute returns for Shareholders through investments in UK smaller companies.The Company will seek to achieve its investment objective by investing primarily in equity and equity-related securities of UK smaller companies that are predominantly listed or admitted to trading on markets operated by the London Stock Exchange, and where it is considered that there is a material potential valuation upside that can be delivered from catalysing strategic, operational or management initiatives.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

The Portfolio Manager recieves 1.5% of NAV upto and including GBP 50M and 1% of NAV above GBP 50M. A Performance Fee shall be payable which shall equal 12.5% of the Excess Return Amount.

Dividend Policy

The Company will target a return on individual investments of at least 2.0x invested capital over a three-to-five-year hold period. Further, the Company will target a total annualised shareholder return of at least 15% in aggregate, p.a. (based on the Placing Price of 100 pence per Ordinary Share) following full investment of the Net Proceeds.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Not currently available for this investment trust.

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Andrew HentonChairman, Luke Allen, Susan Norman, Henry Freeman

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'.