ICG Enterprise Trust plc (ICGT)
Posted: March 26th, 2024, 7:54 pm
Does anyone have any particular views on ICG Enterprise Trust plc (IT)? Mr Foolish has expressed an interest in it.
I note from the HL factsheet (link below), it invests in unlisted companies/private equity, which is not an area that I am particularly familiar with. ICGT is currently trading at a discount of NAV -38.75, though I'm aware that Private Equity is a sector that is currently out of favour and suffers from a lack of transparency. High charges at 3.34% (KID shows: other ongoing costs: 2.77% + Incidental costs - carried interests: 4.05%. Dividend yield: 1.91%
I'm aware of AGT (AVI Global) AGT which holds some private equity. (My wife holds AGT).
https://www.hl.co.uk/shares/shares-sear ... -10p-share
I also found these two old threads on the trust:
viewtopic.php?p=565851#p565851
viewtopic.php?p=451235#p451235
I note from the HL factsheet (link below), it invests in unlisted companies/private equity, which is not an area that I am particularly familiar with. ICGT is currently trading at a discount of NAV -38.75, though I'm aware that Private Equity is a sector that is currently out of favour and suffers from a lack of transparency. High charges at 3.34% (KID shows: other ongoing costs: 2.77% + Incidental costs - carried interests: 4.05%. Dividend yield: 1.91%
I'm aware of AGT (AVI Global) AGT which holds some private equity. (My wife holds AGT).
https://www.hl.co.uk/shares/shares-sear ... -10p-share
I also found these two old threads on the trust:
viewtopic.php?p=565851#p565851
viewtopic.php?p=451235#p451235