Statistics and Performance Report

Herald Investment Trust PLC

13 March 2024

 

HERALD INVESTMENT TRUST PLC

Legal Entity Identifier: 213800U7G1ROCTJYRR70

STATISTICS AND PERFORMANCE REPORT

	At inception	At	Performance since	Performance	Performance
	16 February	29 February	31 January	YTD (%)	since inception
	1994	2024	2024 (%)		(%)
NAV per share (p) excl. accrued income	98.7 p*	2381.7 p	+5.3%	+7.7%	+2313.1%
NAV per share (p) incl. accrued income	98.7 p*	2381.3 p	+5.0%	+7.3%	+2500.1% **
Numis SC + AIM ex. Investment Co's Index (capital gains)	1750.0	5187.1	-2.4%	-4.0%	+196.4%
Russell 2000 Technology Index (capital gains in Sterling terms)	673.8  ***	5066.8	+9.3%	+10.0%	+652.0%
Share price	90.9 p****	2070.0 p	+4.7%	+7.7%	+2177.2%
Premium/(Discount) to NAV (excl accrued income) per share as at 29 February 2024					(13.1)%
UK Equity Portfolio as a % of Net Asset Value at 29 February 2024					37.3%
Overseas Equity Portfolio as a % of Net Asset Value at 29 February 2024					53.3%
Cash and Government Bonds as a % of Net Asset Value at 29 February 2024******					9.4%
Number of Equity Holdings at 29 February 2024					324

* 100p was the subscription price before launch costs of 1.3p

** Total return (in percentage terms) on 98.7p invested at inception excluding warrants.

*** Value shown is from 31/03/1996, the date the funds were globalised.

**** 90.9p is CGT base subscription price for shareholders adjusting for warrants which were issued on a 1 for 5 basis.

****** The Company is not currently geared.

These figures are not audited

At 29 February 2024, the Net Asset Value of the Company including current year income was £1,314.2m (£1,314.5m excluding current year income). Income is shown net of expenses.

There are 55,190,014 shares currently in issue. 

This Report has  been  issued  on  behalf  of  Herald  Investment  Trust plc, and  has  been  approved  by  Herald  Investment Management Limited, its investment manager. Herald Investment Management Limited is authorized and regulated by the Financial Conduct Authority. Past performance is not a reliable indicator of future returns. Markets and currency movements may cause the value of shares, and the income from them, to fall as well as rise, and you may get back less than you invested when you decide to sell your shares.

 

END