New City Energy LtdNCE:LSE

12.13
0.00 / 0.00%
93.59k
39.38 %
--
Close in GBXToday's changeShares traded1 year changeBeta
Data delayed at least 15 minutes, as of Feb 11 2016 12:19 GMT.

Total returns on £1000

Fund / BenchmarkChange
PriceNew City Energy (Ordinary Share)-31.71 %
New City Energy (Ordinary Share)-30.05 %
Morningstar's BenchmarkFTSE World-5.04 %
As of Feb 08 2016.

New City Energy Ltd summary

Shares outstanding--
Market cap6.30m GBP
Total assets7.70m GBP
Total expense ratio3.64%
Day high12.25
Day low11.75
Previous close12.13
Average volume60.71k
YTD Change-3.00 %
Beta--
Diluted NAV (est)14.59
Diluted NAV (last pub)14.81
Premium/Discount-16.90 %
Gearing+100.00 %
52-week range
Today
8.32
Dec 11 2015
21.50
Feb 27 2015

On Thursday, NCE:LSE closed at 12.13, 45.75% above the 52 week low of 8.32 set on Dec 11, 2015.

Data delayed at least 15 minutes, as of Feb 11 2016 12:19 GMT.

Profile

Management group(s)New City Inv Managers
AIC sectorSector Specialist: Commodities and Natural Resources
ISINJE00B2B0SY27
Launch date11 Feb 2008
Share typeOrdinary Share
StructureConventional
Base currencyGBP

Objective

To deliver attractive returns to Shareholders principally in the form of capital growth yet with some prospect of income, by investing in the securities of companies involved in the exploration, development, and production of energy.

Management & contract fees

Investment Manager is entitled to a fee of 1.375% p.a. of the total assets (less current liabilities but inclusive of bank borrowings). Performance fee payable at the rate of 20% of outperformance above an 8% p.a. hurdle with high watermark provision. The Investment Management Agreement is terminable on 12 months' written notice. by either party.

Dividend

Div yield15.42268
Div ex-date31 Dec 2015
Div pay-date29 Jan 2016

Managed by

Robert Crayfourd Start : 26 Oct 2015
Ian Francis Start : 30 Sep 2011
Keith Watson Start : 26 Oct 2015
Data delayed at least 15 minutes, as of Feb 11 2016 12:19 GMT.
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