Fact sheet: HgCapital Trust plc

Fund information

Fund name
HgCapital Trust plc Ord
Fund company manager
HgCapital
Fund type
ITR
Fund manager(s)
Fund objective
HgCapital Trust plc (the ‘Company’) is listed on the London Stock Exchange (HGT.L). The objective of the Company is to provide shareholders with consistent long-term returns in excess of the FTSE All-Share Index by investing predominantly in unquoted companies where value can be created through strategic and operational change. The Company provides investors with exposure to a fast-growing portfolio of more than thirty unquoted investments identified by HgCapital. HgCapital is a longestablished and independent partnership that brings together operational and financial management skills. It has a significant track record of using a deep sector focus to identify businesses with specific business models that can perform well across the economic cycle. HgCapital specialises in technology-related and technology-enabled service companies with enterprise values of between £20 million and £500 million primarily, but not exclusively, in Northern Europe. The HgCapital team have extensive experience in these sectors and geographies and can apply the firm’s knowledge to effect both strategic and operational change, and portfolio experience to help create a collaborative community of businesses with shared experience, to enhance growth.
Benchmark
FTSE All Share TR
Investment style
Active
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

24.56 %

1 Year rank in sector

13/23

Sector

IT Private Equity

Yield

3.6026

Fund size

£ 642.4 m

FE Risk score

114

NAV

1806.1

Discount/Premium

+-4.7118

Gearing
-

Top in sector

Holdings snapshot

  • UK
    50%
  • Scandinavia
    19%
  • Europe
    12%
  • North America
    12%
  • Germany
    7%
  • Telecom, Media & Technology
    77%
  • Services
    20%
  • Health Care
    2%
  • Industrials
    1%
  • UK Equities
    50%
  • Scandinavian Equities
    19%
  • European Equities
    12%
  • North American Equities
    12%
  • German Equities
    7%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund3.73 %13.27 %24.56 %88.45 %107.51 %
Sector4.44 %8.5 %19.06 %53.77 %92.94 %
Rank within sector11 / 237 / 2313 / 235 / 2214 / 22
Quartile th2 nd2 nd3 rd1 st3 rd

Calendar performance

YTD-20172016201520142013
Fund16.16 %43.13 %8.58 %9.7 %1.39 %
Sector15.57 %21.63 %2.99 %8.03 %17.77 %
Rank within sector12 / 234 / 238 / 2213 / 2220 / 22
Quartile th3 rd1 st2 nd3 rd4 th

Risk statistics

Alpha6.38
Beta1.16
Sharpe0.97
Volatility17.4
Tracking error14.82
Information ratio0.48
R-Squared0.25

Price movement

52 week high1730
52 week low1375
Current bid price1711
Current offer price1721
Current mid price1721

Holdings by region

  • 50% UK
  • 19% Scandinavia
  • 12% Europe
  • 12% North America
  • 7% Germany

Holdings by sector

  • 77% Telecom, Media & Technology
  • 20% Services
  • 2% Health Care
  • 1% Industrials

Holdings by asset type

  • 50% UK Equities
  • 19% Scandinavian Equities
  • 12% European Equities
  • 12% North American Equities
  • 7% German Equities

Individual holdings

  • 16.5% VISMA ASA
  • 13.2% IRIS SOFTWARE GROUP LTD
  • 7.5% SOVOS COMPLIANCE
  • 4.6% JLA INFRAVILLE SHOPPERS LTD
  • 4.1% COGITALGROUP
  • 3.6% MITRATECH
  • 3.5% ACHILLES CORP
  • 3.5% A-PLAN
  • 3.3% ULLINK
  • 3.2% RAET