Quarterly Factsheet – Q4 2023

Onward Opportunities Limited
10 January 2024
 

10 January 2024

 

Onward Opportunities Limited

("Onward Opportunities", "ONWD" or the "Company")

 

 

QUARTERLY FACTSHEET - Q4 2023

 

Onward Opportunities Limited is pleased to announce the publication of its quarterly factsheet to the end of December 2023.

 

Please follow the link below to access the Q4 2023 fact sheet, which will also be available to download from the Company's website at www.onwardopportunities.co.uk.

 

https://onwardopportunities.co.uk/wp-content/uploads/2024/01/DGW-Onward-Opportunities-Ltd-Factsheet-31-December-2023.pdf

 

As at 31 December 2023, the unaudited net asset value ("NAV") per ordinary share was 106.5 pence, an increase of +6.25% versus the previous month end.

 

Q4 2023 Portfolio Manager Commentary

 

"The Company built on the encouraging start of a +4.1% Net Asset Value growth in Q3 to deliver a +6.1% gain for the fourth quarter, capping off a rewarding first financial year of investment performance (NAV growth) for the Company of +11.3% since inception (30/03/23), outperforming the UK AIM All-Share by 16.6%, which fell in the same period. Perhaps most encouraging was the investment performance of the fund relative to its peers, which was top-decile. The standout performers of Q4 were; Springfield Properties, MPAC Group, Brickability, Somero Enterprises, Comptoir Libanais, Windward, Angling Direct and Liontrust Asset Management."

 

 

For further information, please contact:

 

 

Onward Opportunities Limited

Andrew Henton, Chairman

 

Dowgate Wealth Limited (Portfolio Manager)

Laurence Hulse, Investment Director

 

 

Tel: +44 (0)20 3416 9143

hello@dowgate.co.uk

      

Tel: +44 (0)20 3416 9143

hello@dowgate.co.uk

 

 

Apex Administration (Guernsey) Limited (Company Secretary)

Martin Baxter / Harry Rouillard

 

Tel: +44 (0) 203 5303 150

ool@maitlandgroup.com

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

Ben Jeynes/Camilla Hume

 

Tel: +44 (0)20 7397 8900

Dowgate Capital Limited (Joint Broker)

Russell Cooke / Nicholas Chambers

 

Tel: +44 (0)12 9351 7744

 

 

 

 

 

 

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