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El Oro : ELX

El Oro aims to increase its net asset value, whilst increasing its annual dividend. El Oro holds two discrete portfolios which are segmented and managed along distinctly different lines and investment styles: the UK portfolio is predominantly an income portfolio that focuses on stocks in relatively mature sectors (e.g. some, but not all, brewing, utility and mining stocks) which are typically characterised by high yields; and the Guernsey portfolio holds stocks selected in pursuit of a blended value / growth investment style which seek to identify companies with good growth prospects that have not yet been fully priced by the market. El Oro was built up from 1950 by Major Michael Woodbine Parish and his son is the Chairman and a substantial shareholder

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