18th
Public matters
On 24 June Caledonia Investments (CLDN) hosted a public companies spotlight event, where the managers presented in detail on the company's global portfolio of publicly listed investments. This element of the portfolio has a strategic allocation of between 30% and 40% of net asset value (NAV), currently making up 33%. Around 30 companies are held across two portfolios, with a capital portfolio accounting for 72% of the total and income 28%. The target return is 10% per annum for the capital portfolio and 7% for income.
This note focuses specifically on the public companies strategy, and accompanies our note from April which looked at CLDN's private capital strategy, following a similar spotlight event. The most recent event reassured us about the high quality of the companies held and the robust investment process that determines their selection.
https://quoteddata.com/research/caledonia-investments-public-matters-qd/
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every
NB: Marten & Co was paid to produce this note
QUOTEDDATA
Tel: +44 (0) 20 3691 9430
www.quoteddata.com | research@quoteddata.com | www.martenandco.com
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the