Investment Trusts

The Biotech Growth Trust PLC

BIOG:LSE

The Biotech Growth Trust PLC

  • Price (GBX)1,024.00
  • Today's Change22.00 / 2.20%
  • Shares traded133.85k
  • 1 Year change30.45%
  • Beta0.6280
Data delayed at least 20 minutes, as of Sep 27 2024 16:37 BST.
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Profile data is unavailable for this security.

About the company

The Biotech Growth Trust PLC is a United Kingdom-based investment trust. The Company's investment objective is to seek capital appreciation through investment in the biotechnology industry across the world. It invests in a diversified portfolio of shares and related securities in biotechnology companies. The Company invests approximately 10% in aggregate of the value of its gross assets in other closed-ended investment companies, including investment trusts listed on the London Stock Exchange. The Company invests approximately 15% of the value of its gross assets in any one individual stock at the time of acquisition. Its portfolio of investments across various countries includes Netherlands, the United States of America, Canada, and China. The Company’s alternative investment fund manager is Frostrow Capital LLP.

  • Revenue in GBP (TTM)79.73m
  • Net income in GBP74.60m
  • Incorporated1997
  • Employees0.00
  • Location
    The Biotech Growth Trust PLC25 Southampton BuildingsLONDON WC2A 1ALUnited KingdomGBR
  • Phone+44 20 3008 4910Fax+44 20 3043 8889
  • Websitehttp://www.biotechgt.com/
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Profile

Management group(s)OrbiMed Advisor LLC
AIC sectorBiotechnology & Healthcare
ISINGB0000385517
Launch date23 Jun 1997
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company seeks capital appreciation through investment in the worldwide biotechnology industry. In order to achieve its investment objective, the Company invests in a diversified portfolio of shares and related securities in biotechnology companies on a worldwide basis.

Managed by

Josh Golomb, Geoffrey C. Hsu

Management & contract fees

AIFM receives a periodic fee equal to 0.30% p.a. of the market capitalisation up to GBP500m, 0.20% above GBP 500m to GBP 1bn and 0.10% over GBP 1bn. The Investment Manager receives a fee equal to 0.65% p.a. of the net assets. The Agreement may be terminated with not less than 12 months notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
CT Private Equity Trust PLC24.80m7.62m307.74m0.00307.74m0.00
Baillie Gifford European Growth Trst PLC28.58m25.14m310.04m0.00310.04m0.00
Castelnau Group Ltd105.36m93.31m310.84m4.00310.84m4.00
Henderson International Income Trust PLC18.14m12.76m315.34m0.00315.34m0.00
Fintel PLC68.90m5.90m318.97m494.00318.97m494.00
abrdn Asian Income Fund Limited53.77m46.51m324.64m0.00324.64m0.00
Nippon Active Value Fund PLC65.77m59.10m324.69m0.00324.69m0.00
Biotech Growth Trust PLC79.73m74.60m326.88m0.00326.88m0.00
CT UK Capital and Income Invst Trust PLC45.06m41.17m326.93m0.00326.93m0.00
Scottish Oriental Smaller Co's Trust PLC53.44m40.62m331.82m0.00331.82m0.00
Fidelity Asian Values PLC6.02m-5.81m332.55m0.00332.55m0.00
Baillie Gifford Shin Nippon PLC-54.34m-59.94m334.62m0.00334.62m0.00
Sherborne Investors (Guernsey) C Ltd-113.51m-116.46m335.51m0.00335.51m0.00
Invesco Bond Income Plus Ltd42.04m37.12m336.29m0.00336.29m0.00
Mortgage Advice Bureau (Holdings) PLC245.92m10.74m336.74m1.00k336.74m1.00k
Lowland Investment Company P L C33.31m28.66m342.25m0.00342.25m0.00
Data as of Sep 27 2024. Currency figures normalised to The Biotech Growth Trust PLC's reporting currency: UK Pound GBX

Institutional shareholders

32.72%Per cent of shares held by top holders
HolderShares% Held
Border to Coast Pensions Partnership Ltd.as of 31 Mar 20241.99m6.15%
Rathbones Investment Management Ltd.as of 31 Mar 20241.82m5.63%
Brewin Dolphin Ltd.as of 31 Mar 20241.78m5.51%
Hargreaves Lansdown Asset Management Ltd.as of 01 Jul 20241.36m4.20%
West Yorkshire Pension Fundas of 01 Jul 20241.07m3.31%
Columbia Threadneedle Asset Managers Ltd.as of 01 Jul 2024693.73k2.15%
Close Asset Management Ltd.as of 01 Jul 2024511.00k1.58%
Legal & General Investment Management Ltd.as of 01 Jul 2024485.43k1.50%
Evelyn Partners Investment Management LLPas of 01 Jul 2024459.00k1.42%
BlackRock Investment Management (UK) Ltd.as of 01 Jul 2024404.39k1.25%
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Data from 31 Mar 2024 - 03 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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