KEYSTONE POSITIVE CHANGE INV TST PLORD GBP0.10
Symbol: KPC
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 26th Apr 2019 to 26th Apr 2020-21.95%
- 26th Apr 2020 to 26th Apr 202133.72%
- 26th Apr 2021 to 26th Apr 2022-23.47%
- 26th Apr 2022 to 26th Apr 2023-11.06%
- 26th Apr 2023 to 26th Apr 20244.35%
Key Information
| Benchmark | MSCI ACWI |
| Sector | IT Global |
| Gearing | 105% |
| Ex-Dividend Date | 11 Jan 2024 |
| Dividend Pay Date | 8 Feb 2024 |
| Total Dividends - Year to Date | 0.45 |
| Dividend Yield (%) | 0.2103 |
Net Asset Value (Nav)
| Latest actual NAV | 249.04 |
| Latest actual NAV date | 24/04/2024 |
| NAV frequency | Daily |
| Premium/Discount | -14.07% |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.2219% |
| Performance Fee | No |
| AMC | 0.70% |
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Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.2219% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
Keystone Positive Change Investment Trust plc is a United Kingdom-based investment company. Its investment objective is to generate long-term capital growth with the aim of the net asset value (NAV) total return exceeding that of the MSCI AC World Index in Sterling terms by at least two percentage per annum over a rolling five-year period. It also focuses on investing in the equities of companies whose products or services make a social or environmental impact. It invests in shares of companies of any size, in any country, and in any sector, whose products or behavior make an impact on society and/or the environment. It invests in companies, such as social inclusion and education, healthcare, and environment and resource needs, among others. It invests in various sectors, such as energy, communication services, consumer staples, utilities, materials, information technology, financials, healthcare, and industrials. Baillie Gifford & Co Limited is the investment manager of the Company.
Financial Summary
BRIEF: For the fiscal year ended 30 September 2023, Keystone Positiv Chng Invstmnt Trust PLC revenues increased from -£72.6M to £12.1M. Net income totaled £9.6M vs. loss of £74.7M. Revenues reflect Net Loss - Fin Instruments Fair Value increase from -£65.8M to £22.8M, Currency gains/(losses) increase from -£1.3M to £589K, Overseas Dividends increase of 9% to £1.5M.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| -7.36% | -3.82% | 14.06% | 4.35% | -28.98% | -25.87% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
148,164 bytes PDF Document; last updated 31 Mar 2024
81,436 bytes PDF Document; last updated 27 Feb 2024
1,598,389 bytes PDF Document; last updated 30 Sep 2023
391,205 bytes PDF Document; last updated 31 Mar 2023
Management Team
Lee Qian Kate Fox
Lee grew up in China during a period of incredible economic and social progress, when hundreds of millions of people were lifted out of poverty and the standard of living improved for the majority of the population. Witnessing that has influenced Lee deeply and he has been interested in development since. Lee joined Baillie Gifford in 2012 and is an Investment Manager and decision maker in the Positive Change Team. He is a CFA Charterholder and graduated BA (Hons) in Economics and Management from the University of Oxford in 2012.
Manager Cumulative Performance v Peer Group
Kate Fox
has managed this fund for 3 years and 2 months.
Kate believes the financial community plays a crucial role in creating a more sustainable world for future generations. Kate’s experience analysing smaller companies has left her with a natural enthusiasm for businesses that address unmet needs or challenge the status quo, as well as an appreciation of their long term potential. Kate joined Baillie Gifford in 2002 and is an Investment Manager and decision maker in the Positive Change Team, as well as a Partner of the firm. She graduated MA in Economics and Maths from the University of Edinburgh in 2001.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
30/09/2023 |
30/09/2022 |
30/09/2021 |
30/09/2020 |
30/09/2019 |
30/09/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | 12.09 | -72.64 | 33.69 | -35.00 | 5.28 | 2.49 |
| Gross profit | 10.30 | -73.99 | 32.93 | -41.89 | 2.13 | -0.77 |
| Operating Profit/Loss | 9.82 | -74.50 | 32.34 | -42.47 | 1.72 | -1.19 |
| Profit Before Tax | 9.82 | -74.50 | 32.34 | -42.47 | 1.72 | -1.19 |
| Profit After Tax | 9.57 | -74.72 | 32.21 | -42.54 | 1.70 | -1.21 |
| Equity Holders of Parent Company | 9.57 | -74.72 | 32.21 | -42.54 | 1.70 | -1.21 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
30/09/2023 |
30/09/2022 |
30/09/2021 |
30/09/2020 |
30/09/2019 |
30/09/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 161.50 | 152.07 | 224.46 | 210.74 | 267.38 | 296.69 |
| Total Current Assets | 1.04 | 1.16 | 0.73 | 0.67 | 23.34 | 2.74 |
| Total Assets | 162.54 | 153.23 | 225.19 | 211.41 | 290.72 | 299.43 |
| Total Liabilities | 15.89 | 15.90 | 10.67 | 21.09 | 33.11 | 33.29 |
| Total Net Assets | 146.65 | 137.33 | 214.52 | 190.33 | 257.61 | 266.15 |
| Shareholders Funds | 146.65 | 137.33 | 214.52 | 190.33 | 257.61 | 266.15 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 146.65 | 137.33 | 214.52 | 190.33 | 257.61 | 266.15 |