Investment Trusts

Herald Investment Trust

HRI:LSE

Herald Investment Trust

  • Price (GBX)2,070.00
  • Today's Change10.00 / 0.49%
  • Shares traded98.05k
  • 1 Year change23.36%
  • Beta1.0573
Data delayed at least 20 minutes, as of Oct 04 2024 17:06 BST.
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Profile data is unavailable for this security.

About the company

Herald Investment Trust plc is a United Kingdom-based investment company. The Company’s objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of telecommunications, multimedia and technology (TMT). The Company’s investments may be made across the world. It invests, generally on a long-term basis, using fundamental analysis. It invests in various sectors, including information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies. The alternative investment fund manager and portfolio manager of the Company is Herald Investment Management Limited.

  • Revenue in GBP (TTM)204.97m
  • Net income in GBP190.88m
  • Incorporated1993
  • Employees0.00
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Profile

Management group(s)Herald Investment Management Ltd
AIC sectorGlobal Smaller Companies
ISINGB0004228648
Launch date31 Jan 1994
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications, multimedia and technology. Investments will be made throughout the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

Managed by

Katie Potts

Management & contract fees

Annual management fee is calculated at 1% on the first GBP 1.25bn of the NAV of Company (excluding current year revenue), and 0.8% thereafter. The management contract can be terminated at 12 months notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Alpha Group International PLC119.31m96.06m926.16m443.00926.16m443.00
Capital Gearing Trust plc22.32m13.74m960.69m0.00960.69m0.00
Ruffer Investment Company Ltd22.52m10.17m968.59m0.00968.59m0.00
Impax Environmental Markets plc5.17m-10.83m986.51m0.00986.51m0.00
Fidelity Special Values PLC10.20m-3.11m1.01bn0.001.01bn0.00
BlackRock World Mining Trust Plc9.86m-13.40m1.01bn0.001.01bn0.00
AVI Global Trust PLC140.50m134.14m1.03bn0.001.03bn0.00
Herald Investment Trust plc204.97m190.88m1.09bn0.001.09bn0.00
Edinburgh Investment Trust PLC141.15m131.71m1.11bn0.001.11bn0.00
Vietnam Enterprise Investments Limited101.10m68.06m1.13bn0.001.13bn0.00
TR Property Investment Trust plc224.39m196.35m1.14bn0.001.14bn0.00
Ninety One PLC697.80m163.90m1.14bn1.19k1.14bn1.19k
Law Debenture Corporation plc201.31m140.61m1.18bn299.001.18bn299.00
JPmorgan Emerging Markets Inv Trust PLC104.69m84.97m1.24bn0.001.24bn0.00
Fidelity China Special Situations PLC-173.20m-213.46m1.24bn0.001.24bn0.00
Sequoia Economic Infrastrctr Incm Fd Ltd131.76m110.42m1.25bn0.001.25bn0.00
Data as of Oct 04 2024. Currency figures normalised to Herald Investment Trust's reporting currency: UK Pound GBX
Data Provided by LSEG
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