Overview

Literacy Capital’s investment policy is to invest in a diversified portfolio consisting primarily of equity and equity-related securities issued by unquoted companies. The manager, which is sector agnostic in its approach, looks to identify compelling opportunities for investment in under-served parts of the market. It has a core focus on companies that generate EBITDA between £1m and £5m, and will typically invest in family-owned and founder-led businesses. Being a permanent capital vehicle allows for longer-term decision making.

The distinguishing features of this trust are its strong connections to the Pindar family and its charitable aim to improve standards of Literacy in the UK (we have the lowest literacy rate of any OECD nation). Literacy Capital committed to giving away 0.9% of net asset value every year to literacy and education charities. The more successful its portfolio companies are, the greater the size of its annual donations. This arrangement provides a consistent and growing income stream as the fund grows in size. One charity that has benefitted and is actively supported by Literacy is Bookmark Reading Charity.

Click here to visit the fund’s website.

 

Fundamentals

Ticker
BOOK
Exchange
XLON
Domicile
GBR
Sector
Financial Services
Market Capitalisation (M)
294
Share Price (GBP)
4.9
12 Month Trailing Dividend Yield
0%

Price

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