CT Private Equity Trust PLC

Hamish Mair
Managing Director, Head of Private Equity, Private Equity

The Trust offers access to a diverse spread of private equity investments principally through exposure to specialist private equity funds and co-investments in individual companies. In particular, the fund manager looks to identify those managers with a proven ability to make excellent absolute returns over the medium to long-term. The Company aims to pay quarterly dividends with an annual yield equivalent to not less than four per cent of the average of the published NAV per Ordinary Share as at the end of each of its last four financial quarters prior to the announcement of the relevant quarterly dividend and not less than the prior quarter’s dividend. Dividends are funded from a combination of revenue and realised capital profits.

  • Affordable – save monthly or via lump sums to suit your budget
  • Diversified – one share provides access to a broad range of underlying investments
  • Expertise – specialist private equity investors since 1999
  • Income – attractive level of dividend payable quarterly

CT Private Equity Trust PLC is a member of LPeC, for more information please click here.

Objectives

Harnessing potential by direct and indirect investments

The Company’s investment objective is to achieve long-term capital growth through investment in private equity assets, whilst providing shareholders with a predictable and above average level of dividend funded from a combination of the Company’s revenue and realised capital profits.

The Company aims to pay quarterly dividends with an annual yield equivalent to not less than four per cent of the average of the published NAV per Ordinary Share as at the end of each of its last four financial quarters prior to the announcement of the relevant quarterly dividend and not less than the prior quarter’s dividend.

The Trust has the ability to make private equity investments by taking stakes in private equity focused limited partnerships, offshore funds and investment companies. In addition to investing in newly formed private equity funds, the Trust may also purchase secondary private equity fund interests (that is, portfolios of investments in existing private equity funds). The Trust may also make direct private equity investments, mainly through co-investment in specific companies.

The private equity funds in which the Trust invests comprise buy-out funds, venture capital funds and mezzanine funds. Both the funds and the direct investments are selected in order to create an underlying portfolio which is well diversified by geography, sector, size of company, stage of development, transaction type and management style.

Diversified opportunities

In the right hands, a company with an innovative product, the right strategy and a strong brand can significantly grow its business and profitability. Such companies, however, often lie outside of listed markets and are therefore beyond the reach of individual investors. CT Private Equity Trust PLC offers access to this potent ‘unlisted’ growth potential via specialist proprietary and third party private equity funds and direct investments in companies. Columbia Threadneedle’s Private Equity Team has proven expertise in private equity manager selection and direct investment. This expertise, together with a robust approach to investment and an emphasis on quality opportunities, provides scope for long-term capital growth.

Investment Risks

The value of your investments and any income from them can go down as well as up and you may not get back the original amount invested. Changes in rates of exchange may also reduce the value of your investment. The fund invests in private equity funds, exposing the fund to the performance, liquidity and valuation issues of these funds. Such funds typically have high minimum investment levels and may restrict or suspend redemptions or repayment to investors. The asset value of these shares and its prospects may be more difficult to assess. Gearing is used for investment purposes to obtain, increase or reduce exposure to an asset, index or investment. The use of gearing can enhance returns to investors in a rising market, but if the market falls the losses may be greater.

Fund Facts and Key Dates

Fund Facts

Investment manager
Columbia Threadneedle Investment Business Limited
Benchmark
NAV Total Return
AIC sector
Private Equity
Launch date
2001
Total assets
£521 million (as at 31.03.22)
Currency
Sterling
ISIN
GB0030738271
SEDOL
3073827
Ticker symbol
CTPE

Key Dates

Annual general meeting
May
Year end
31 December
Dividend payment date(s)
January, April, July and October

Sustainability and ESG

Environmental, Social and Governance (“ESG”) issues are the three central factors in measuring sustainability and can present both opportunities and threats to the long-term investment performance the Company aims to deliver to Shareholders. The Board is therefore committed to taking a responsible approach to ESG matters. There are two strands to this approach. The Company’s own responsibilities on matters such as governance and the impact it has through the investments that are made on its behalf by its Manager.
Find out more about our approach to sustainability and ESG issues here

The Board

Richard Gray
Chairman
Elizabeth Kennedy
Chair of the Audit Committee
David Shaw
Non-Executive Director
Swantje Conrad
Non-Executive Director
Tom Burnet
Non-Executive Director
Audrey Baxter
Non-Executive Director

How to invest

Invest with Columbia Threadneedle

Columbia Threadneedle offer a range of cost-effective savings plans designed to make it easy for you to invest in our range of funds.

Starting from £25 per month or a lump sum of £100, with the flexibility to start and stop contributions whenever you want.

There are no dealing charges on investments made online or through a monthly direct debit.

Invest with a broker

You can invest through your usual financial adviser, or through a wide range of companies.

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