New City Energy LtdNCE:LSE

11.50
0.00 / 0.00%
0
37.41 %
--
Close in GBXToday's changeShares traded1 year changeBeta
Data delayed at least 15 minutes, as of May 27 2016 00:00 BST.

Total returns on £1000

Fund / BenchmarkChange
PriceNew City Energy (Ordinary Share)-29.51 %
New City Energy (Ordinary Share)-28.60 %
Morningstar's BenchmarkFTSE World-0.86 %
As of May 16 2016.

New City Energy Ltd summary

Shares outstanding--
Market cap6.10m GBP
Total assets8.60m GBP
Total expense ratio3.64%
Day high11.50
Day low11.50
Previous close11.50
Average volume31.69k
YTD Change-8.00 %
Beta--
Diluted NAV (est)15.71
Diluted NAV (last pub)15.71
Premium/Discount-26.79 %
Gearing+105.00 %
52-week range
Today
8.00
Feb 29 2016
19.50
May 28 2015

On Friday, NCE:LSE closed at 11.50, 43.75% above the 52 week low of 8.00 set on Feb 29, 2016.

Data delayed at least 15 minutes, as of May 27 2016 00:00 BST.

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 yield16.26085
Div ex-date24 Mar 2016
Div pay-date29 Apr 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 May 27 2016 00:00 BST.
© Thomson Reuters Click for restrictions.

All markets data located on FT.com is subject to the FT Terms & Conditions.

All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.