Investment Trusts

Schiehallion Fund Limited

MNTN:LSE

Schiehallion Fund Limited

  • Price (USD)0.80
  • Today's Change0.01 / 1.27%
  • Shares traded147.13k
  • 1 Year change66.67%
  • Beta0.6911
Data delayed at least 15 minutes, as of Oct 04 2024 16:09 BST.
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Profile data is unavailable for this security.

About the company

The Schiehallion Fund Limited is a Guernsey-based closed-ended investment company. The Company’s investment objective is to generate capital growth for investors through making long-term minority investments in later stage private businesses that the Company considers to have transformational growth potential and to have the potential to become publicly traded. The Company seeks to invest in private businesses, which have the potential to become admitted to trading on a public stock exchange. The investments would typically take the form of equity and equity-related instruments, which include, without limitation, preference shares, convertible debt instruments, equity-related and equity-linked notes and warrants. It invests in sectors, such as information technology, industrials, financials, communications services, consumer discretionary, healthcare, consumer staples and materials. Baillie Gifford & Co Limited is the investment manager of the Company.

  • Revenue in USD (TTM)86.48m
  • Net income in USD76.25m
  • Incorporated2019
  • Employees0.00
  • Location
    Schiehallion Fund LimitedFirst FloorAlbert House, South EsplanadeSAINT PETER PORT GY1 1AJGuernseyGGY
  • Phone+44 1 481742250
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Profile

Management group(s)Baillie Gifford & Co Limited.
AIC sectorGrowth Capital
ISINGG00BJ0CDD21
Launch date27 Mar 2019
Share typeOrdinary Share
StructureInvestment Trust
Base currencyUSD

Objective

To generate capital growth for investors through making long-term minority investments in later stage private businesses that the Company considers to have transformational growth potential and to have the potential to become publicly traded. Those investments will typically take the form of equity or equity-related instruments (which may include, without limitation, preference shares, convertible debt instruments, equity-related and equity-linked notes and warrants) issued by Investee Companies.

Managed by

Peter Singlehurst, Robert Natzler

Management & contract fees

The Manager will be entitled to a fee payable quarterly in arrears: (a) on the NAV up to and including USD 650m, at a rate of 0.9%; (b) exceeding USD 650m up to and including USD 1.3bn, at a rate of 0.8%; and (c) exceeding USD 1.3bn, at a rate of 0.7%. No performance fee. The Agreement may be terminated on the notice of six months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Foresight Group Holdings Ltd185.41m34.68m760.73m382.00760.73m382.00
Blackrock Greater Eurp Invstmnt Trst PLC164.71m152.64m760.81m0.00760.81m0.00
Edinburgh Worldwide Investment Trust plc-99.12m-114.18m764.30m0.00764.30m0.00
Henderson European Trust PLC100.11m94.10m771.58m0.00771.58m0.00
Foresight Environmental Infrstrctr-5.02m-18.28m775.29m0.00775.29m0.00
Baillie Gifford US Growth Trust PLC126.96m117.92m781.22m5.00781.22m5.00
Brunner Investment Trust Plc143.40m135.81m786.95m0.00786.95m0.00
XPS Pensions Group PLC261.65m71.06m797.89m1.57k797.89m1.57k
Schiehallion Fund Ltd86.48m76.25m821.42m0.00821.42m0.00
Partners Group Private Equity Ltd67.59m25.30m831.18m1.95k831.18m1.95k
Henderson Smaller Companies Inv Trst PLC131.68m122.46m840.25m0.00840.25m0.00
Bluefield Solar Income Fund Ltd1.21m-12.60m849.23m0.00849.23m0.00
Baillie Gifford Japan Trust PLC35.32m24.04m852.86m0.00852.86m0.00
Bellevue Healthcare Trust PLC-24.98m-39.94m865.46m0.00865.46m0.00
Schroder Oriental Income Fund Ltd27.66m14.03m874.84m0.00874.84m0.00
GCP Infrastructure Investments Ltd47.33m19.78m885.78m0.00885.78m0.00
Data as of Oct 04 2024. Currency figures normalised to Schiehallion Fund Limited's reporting currency: US Dollar USD

Institutional shareholders

37.27%Per cent of shares held by top holders
HolderShares% Held
State Board of Administration of Florida Retirement Systemas of 30 Jun 2023190.90m18.57%
Baillie Gifford & Co.as of 30 Jun 2024101.54m9.88%
BlackRock Investment Management (UK) Ltd.as of 30 Jun 202435.00m3.41%
Columbia Threadneedle Asset Managers Ltd.as of 28 Jun 202429.05m2.83%
Sarasin & Partners LLPas of 31 Jul 202412.79m1.24%
abrdn Investment Management Ltd.as of 31 May 20246.93m0.68%
Valu-Trac Investment Management Ltd.as of 31 Jul 20242.14m0.21%
JPMorgan Asset Management (UK) Ltd.as of 30 Jun 20242.09m0.20%
Jupiter Asset Management Ltd.as of 30 Apr 20241.64m0.16%
Barratt & Cooke Ltd.as of 30 Apr 20241.05m0.10%
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Data from 31 Mar 2024 - 31 Jul 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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