DORIC NIMROD AIR THREE
Aircraft Leasing
SELL
51p
BUY
54p
CHARGE PER TRADE
£4.95
TODAY'S CHANGE
0.00%
OCF
2.77%
YIELD
15.9%
1 YEAR
25.80%Prices as at 04 Dec 2023.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
The Company's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft. To pursue its investment objective, the Company has used the net proceeds of placings and other equity capital raisings, together with debt facilities (or instruments), to initially acquire four Airbus A380 Aircraft which are leased to Emirates, the national carrier owned by The Investment Corporation of Dubai based in Dubai, United Arab Emirates.
Fund summary
| Sector | Leasing |
|---|---|
| Structure | INVESTMENT COMPANY |
| Launched | July 2013 |
| Size | £111m |
| Yield | 15.9% |
| Dividends paid | January, April, July, October |
Charges
| Annual Management Charge | 0.65% |
|---|---|
| Ongoing Charges Figure | 2.77% |
Investment Process
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning