Standard Life Private Eq... Dividends - SLPE

Standard Life Private Eq... Dividends - SLPE

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Standard Life Private Equity Trust Plc SLPE London Ordinary Share GB0030474687 ORD 0.2P
  Price Change Price Change % Stock Price High Price Low Price Open Price Close Price Last Trade
  0.00 0.0% 360.50 0.00 0.00 0.00 360.50 08:00:06
more quote information »
Industry Sector

Standard Life Private Eq... SLPE Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

skyship: Standard Life Private Equity Trust (SLPE) aims to achieve long-term total returns via investing in a focused, primarily European portfolio of leading private equity buyout funds. The investment policy was revised in January 2017, removing size and geographic restrictions, to enlarge the investment opportunity set without diluting the trust’s strategy and focus. New fee arrangements have been agreed, with a single annual management fee of 0.95% of NAV and no incentive fee. The board has also stated its intention to raise the FY17 dividend to 12.0p, equating to a 3.8% yield, and grow it at least in line with inflation. Returns have been notably strong over one year. 12 months ending Share price (%) NAV (%) LPX 50 (%) LPX 50 NAV (%) MSCI World (%) FTSE All-Share (%) 31/12/12 32.0 0.9 25.3 10.1 11.3 12.3 31/12/13 23.2 11.5 38.2 13.6 24.9 20.8 31/12/14 10.0 8.8 4.2 8.8 12.2 1.2 31/12/15 1.1 8.0 5.9 4.9 5.4 1.0 31/12/16 43.0 29.9 29.8 29.3 29.1 16.8 Source: Thomson Datastream, Bloomberg. Note: Twelve-month discrete £-adjusted total return performance up to last published quarter-end NAV. Investment strategy: Europe-focused fund selection: SLPE invests via primary commitments and secondary transactions in what the manager views as the leading European private equity buyout funds. The aim is for the portfolio to comprise around 35 to 40 active private equity fund investments, broadly diversified by country, sector and maturity. The manager employs a bottom-up approach to private equity fund selection, with a top-down overlay designed to direct the investment team towards attractive geographies, sectors and strategies. Exposure is managed through the primary and secondary funds markets. Market outlook: Attractive opportunities exist: Private equity funds’ uninvested capital is at peak levels, reaching US$869bn globally in H116, but SLPE’s manager notes this remains lower than the expected level of investment over a typical five-year private equity fund investment period, and does not anticipate higher purchase prices leading to significantly depressed returns. While European private equity deal volumes have been volatile, the manager reports fairly steady activity in the mid-market segment on which SLPE is focused. Should an economic downturn or potential market dislocation occur, this could provide an attractive opportunity for tactical investment. In the current pricing environment, the manager sees potential for smaller, region-specific funds – which face less competition for deals – to provide attractive opportunities. Valuation: Narrowed discount, increased yield: Having followed a broadly widening trend over the previous two years, SLPE’s share price discount to NAV has narrowed from 36.5% in March 2016 to its current level of 11.1%, which stands as one of the narrowest in the peer group. The board intends to increase the FY17 dividend to 12.0p, equating to a prospective yield of 3.8%, leading the dividend-paying funds in SLPE’s peer group
Your Recent History
Standard L..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191021 08:10:00