NAV and Portfolio Information

Net Asset Value

The Corporation publishes its Net Asset Value (‘NAV’) each Monday and immediately after each month end.

  • The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par and including fair value of IFS businesses on 20 October 2017 was 677.50 pence per share (ex income) and 687.85 pence per share (cum income). With the Corporation’s long term debt stated at fair value, the NAV was 653.60 pence per share (ex income) and 663.95 pence per share (cum income).  The mid-market price at the close of business on 20 October 2017 was 600.00 pence per share.
  • In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 30 September 2017 are set out below:

Geographical Split and Top Ten Holdings

Immediately following the end of each month, we also publish information about the geographical split and top ten holdings of the portfolio.

The current data is as follows:

Geographical Split at 30 September 2017

Region % of Portfolio
UK 61
Europe 7
North America 8
Japan 2
Other Pacific 5
Other 2
Cash and Fixed Interest 15
Total 100

Top 10 Holdings at 30 September 2017

Rank Name of Holding % of Portfolio (excl. cash)
1 Royal Dutch Shell 3.58
2 HSBC 2.76
3 Senior 2.25
4 Baillie Gifford Pacific 2.24
5 GKN 2.22
6 BP 2.17
7 Stewart Investors Pacific 2.12
8 Rolls Royce 2.07
9 Johnson Service 1.92
10 Prudential 1.86
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