Statistics and Performance Report

Herald Investment Trust PLC

17 July 2023

 

HERALD INVESTMENT TRUST PLC

STATISTICS AND PERFORMANCE REPORT

	At inception	At	Performance since	Performance	Performance
	16 February	30 June	31 May	YTD (%)	since inception
	1994	2023	2023 (%)		(%)
NAV per share (p) excl. accrued income	98.7 p*	2091.8 p	+0.3%	-0.3%	+2019.4%
NAV per share (p) incl. accrued income	98.7 p*	2094.4 p	+0.4%	-0.2%	+2183.2% **
Numis SC + AIM ex. Investment Co's Index (capital gains)	1750.0	5199.9	-1.3%	-3.8%	+197.1%
Russell 2000 Technology Index (capital gains in Sterling terms)	673.8  ***	4446.4	+5.2%	+16.6%	+559.9%
Share price	90.9 p****	1750.0 p	-2.8%	-1.8%	+1825.2%
Premium/(Discount) to NAV (excl accrued income) per share as at 30 June 2023					(16.3)%
UK Equity Portfolio as a % of Net Asset Value at 30 June 2023*****					41.1%
Overseas Equity Portfolio as a % of Net Asset Value at 30 June 2023					49.7%
Cash and Government Bonds as a % of Net Asset Value at 30 June 2023******					9.2%
Number of Equity Holdings at 30 June 2023					335

*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.

*****Includes 6 convertible bonds.

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

These figures are not audited

At 30 Jun 2023, the Net Asset Value of the Company including current year income was £1,253.0m (£1,251.4m excluding current year income). Income is shown net of expenses. There are 59,825,770 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 authorised 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