Investment Trusts

International Biotechnology Trust

IBT:LSE

International Biotechnology Trust

  • Price (GBX)694.00
  • Today's Change-6.00 / -0.86%
  • Shares traded56.39k
  • 1 Year change10.16%
  • Beta0.1840
Data delayed at least 20 minutes, as of Sep 20 2024 16:19 BST.
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Profile data is unavailable for this security.

About the company

International Biotechnology Trust plc is a United Kingdom-based investment trust company. The Company’s investment objective is to achieve long-term capital growth by investing in biotechnology and other life sciences companies. The Company seeks 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 commercialization of a product, device or enabling technology. The Company’s investments may also be made in related sectors, such as medical devices and healthcare services. The Company may invest through equities, index-linked securities and debt securities, cash deposits, money market instruments and foreign currency exchange transactions. SV Health Managers LLP is the Company's alternative investment fund manager (AIFM).

  • Revenue in GBP (TTM)25.80m
  • Net income in GBP18.19m
  • Incorporated1994
  • Employees0.00
  • Location
    International Biotechnology Trust6th Floor, 65 Gresham Street,LONDON EC2V 7NQUnited KingdomGBR
  • Phone+44 20 7421 7070
  • Websitehttps://ibtplc.com/
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Profile

Management group(s)Schroder Unit Trusts Limited
AIC sectorBiotechnology & Healthcare
ISINGB0004559349
Launch date06 May 1994
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The objective is to achieve long term capital growth by investing in high growth, development stage biotechnology companies that are either quoted or unquoted. The company invests in companies that are considered to be good value with experienced management and strong potential upside through the development and/or commercialisation of a product, device or enabling technology.

Managed by

Ailsa Craig, Marek Poszepczynski

Management & contract fees

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.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
British Smaller Companies VCT plc14.57m10.62m236.84m0.00236.84m0.00
Martin Currie Global Portfolio Trust PLC28.46m26.08m236.95m0.00236.95m0.00
Blackstone Loan Financing Ltd51.19m49.73m238.49m0.00238.49m0.00
CC Japan Income and Growth Trust PLC64.60m60.78m249.25m0.00249.25m0.00
Taylor Maritime Investments Ltd-31.91m-40.15m252.83m8.00252.83m8.00
International Biotechnology Trust Plc25.80m18.19m254.80m0.00254.80m0.00
abrdn European Logistics Income PLC35.25m-68.54m255.55m0.00255.55m0.00
Baillie Gifford UK Growth Trust PLC3.41m389.00k255.95m0.00255.95m0.00
JPMorgan US Smaller Co Inv Trust PLC16.87m12.27m257.36m0.00257.36m0.00
Manchester & London Investment Trust plc107.72m104.00m257.74m0.00257.74m0.00
Tufton Oceanic Assets Ltd29.85m26.50m262.18m0.00262.18m0.00
Hansa Investment Company Ltd96.05m91.42m267.60m0.00267.60m0.00
Montanaro European Smllr Cmpns Trst PLC18.37m14.63m271.83m0.00271.83m0.00
Intuitive Investments Group PLC824.00k-865.00k273.10m0.00273.10m0.00
Jpmorgan Asia Growth & Income PLC-1.58m-5.83m275.60m0.00275.60m0.00
BlackRock Frontiers Investment Trust PLC68.01m55.81m277.53m0.00277.53m0.00
Data as of Sep 20 2024. Currency figures normalised to International Biotechnology Trust's reporting currency: UK Pound GBX
Data Provided by LSEG
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