Annual Overview from QuotedData

Herald Investment Trust PLC

25 June 2024

 

Herald Investment Trust - Annual Overview from QuotedData

25^th June 2024

Heralding in the age of AI

In a world where the share prices of AI-related companies have determined the fortunes of global equity markets, Herald Investment Trust (HRI) offers a way to capitalise on these potent tailwinds while still offering an arguably seldom-found discount opportunity within a universe known for its high valuations, coupled with the trust's shares currently trading on an attractive 11.1% discount to net asset value (NAV).

HRI's war chest of liquid capital means that it is well primed to capitalise on opportunities as they arise, as well as to profit from the inefficiencies of the UK equity market.

Thanks to structural tailwinds supporting technology and successful stock-picking by the HRI team, HRI has been able to sustain its track record of outperformance, with its net asset value (NAV) returns performance surpassing that of the US small-cap technology sector, despite its substantial allocation to the UK.

Full Research:

www.quoteddata.com/research/herald-investment-trust-heralding-in-the-age-of-ai-qd.com

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Herald Investment Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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