Keystone Positive Change Investment Trust plc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share -0.08
Dividend & Yield0.11£ (5.66%)
Beta 1.25
Market capitalization 121.78M
Operating cash flow -8.55M
ESG Scores 23.5

Company description

Keystone Investment Trust plc is a closed ended equity mutual fund launched and managed Baillie Gifford & Co Limited. The fund invests in public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund employs fundamental analysis with a top-down stock picking approach, focusing on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio. It benchmarks the performance of its portfolio against FTSE All-Share Index. The fund was formerly known as Merrill Lynch UK Investment Trust Plc. Keystone Investment Trust plc was formed on September 17, 1954 and is domiciled in the United Kingdom.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

Cashflow Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Change To Liabilities -12k -13k 46k -89k
Total Cashflows From Investing Activities
Net Borrowings -17.66M -17.66M -17.66M -9.83M
Total Cash From Financing Activities -10.26M -12.4M -44.19M -18.02M
Change To Operating Activities
Issuance Of Stock
Net Income -1.21M 1.7M -42.54M 32.21M
Change In Cash -12.68M 21.48M -22.59M 623k
Effect Of Exchange Rate 21k 21k 21k 21k
Total Cash From Operating Activities -2.42M 33.88M 21.6M 17.97M
Depreciation
Change To Account Receivables 8k 30k 484k -88k
Other Cashflows From Financing Activities -2.17M -2.15M -1.78M -150k
Change To Netincome -1.21M 32.16M 63.61M -14.07M
Capital Expenditures

Income Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Research Development
Income Before Tax -1.19M 1.72M -42.47M 32.34M
Net Income -1.21M 1.7M -42.54M 32.21M
Selling General Administrative 1.45M 1.33M 1.35M 1.19M
Gross Profit 2.65M 5.21M -34.53M 32.83M
Ebit 1.2M 3.88M -35.88M 31.64M
Operating Income 1.2M 3.88M -35.88M 31.64M
Interest Expense -2.22M -2.22M -1.25M -161k
Income Tax Expense 21k 22k 67k 121k
Total Revenue 2.65M 5.21M -34.53M 32.83M
Cost Of Revenue
Total Other Income ExpenseNet -2.38M -2.16M -6.59M 698k
Net Income From Continuing Ops -1.21M 1.7M -42.54M 32.21M
Net Income Applicable To Common Shares -1.21M 1.7M -42.54M 32.21M

Balance Sheet Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Total Liabilities 33.29M 33.11M 21.09M 10.67M
Total Stockholder Equity 266.15M 257.61M 190.32M 214.52M
Other Current Liabilities 500k 105k
Total Assets 299.43M 290.72M 211.41M 225.19M
Common Stock 6.76M 6.76M 6.76M 6.76M
Other Current Assets 345k 384k
Retained Earnings 255.47M 246.93M 179.65M 203.84M
Treasury Stock 466k 466k 466k 466k
Cash 1.08M 22.56M 620k 593k
Total Current Liabilities 1.25M 1.04M 20.84M 10.42M
Other Stockholder Equity 466k 466k 466k 466k
Property, Plant, and Equipment
Total Current Assets 2.74M 23.34M 674k 725k
Net Tangible Assets 266.15M 257.61M 190.32M 214.52M
Net Receivables 1.02M 146k 54k 132k
Accounts Payable 195k 330k


Insider Transactions

Here are the insider transactions of stock shares related to Keystone Positive Change Investment Trust plc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Brade (Karen)Bought at price 3.34 per share.D2022-02-038.08k
Brade (Karen)Bought at price 3.95 per share.D2022-01-12121
Brade (Karen)Bought at price 4.31 per share.D2021-10-1266
Wells Capital ManagementD2021-08-313.25M
Brade (Karen)Bought at price 4.47 per share.D2021-07-1363
1607 Capital Partners, LLCD2021-06-242.82M
Wells Capital ManagementD2021-05-20479.3k
Wells Capital ManagementD2021-04-27692.41k
Wells Capital ManagementD2021-03-12355.17k
1607 Capital Partners, LLCD2021-02-121.47M
1607 Capital Partners, LLCD2021-02-01487.87k
Brade (Karen)Bought at price 4.69 per share.D2021-01-1230
Keystone Investment Trust plcD2021-01-08
1607 Capital Partners, LLCD2020-12-09326.29k
Brade (Karen)Bought at price 4.44 per share.D2020-12-075.99k
Kendall (William B)Bought at price 4.43 per share.D2020-12-0715.25k
Brade (Karen)D2020-12-04
Hart (Katrina Harriet)D2020-12-04
Kendall (William B)D2020-12-04
Wood (Egerton John)D2020-12-04
Rensburg Sheppards Investment Management LimitedD2020-12-02591.55k
Rensburg Sheppards Investment Management LimitedD2020-11-30
Wells Capital ManagementD2020-11-30
Rathbone Investment Management LtdD2020-11-30
1607 Capital Partners, LLCD2020-11-30
Brewin Dolphin ClientsD2020-11-30
Charles Stanley Group PLCD2020-11-30
Close Brothers Asset ManagementD2020-11-30
Fidelity InternationalD2020-11-30
J.P. Morgan Securities PLCD2020-11-17225.34k
Keystone Investment Trust plcBuy Back at price 3.71 per share.D2020-11-1720k
Keystone Investment Trust plcBuy Back at price 3.57 per share.D2020-11-1150k
Keystone Investment Trust plcBuy Back at price 3.58 per share.D2020-11-1050k
Keystone Investment Trust plcBuy Back at price 3.24 per share.D2020-11-0350k
Keystone Investment Trust plcD2020-11-02
Keystone Investment Trust plcBuy Back at price 3.18 per share.D2020-11-0250k
1607 Capital Partners, LLCD2020-10-3080k
Keystone Investment Trust plcBuy Back at price 3.28 per share.D2020-10-2826.99k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Keystone Positive Change Investment Trust plc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Keystone Positive Change Investment Trust plc

Here is the result of two systematic investment strategies applied to Keystone Positive Change Investment Trust plc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Keystone Positive Change Investment Trust plc

The following chart shows the equity curve of the two systematic investment strategies applied to Keystone Positive Change Investment Trust plc:

Keystone Positive Change Investment Trust plc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
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Momentum strategy results on Keystone Positive Change Investment Trust plc

This is the result of two momentum investment strategies applied to Keystone Positive Change Investment Trust plc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Keystone Positive Change Investment Trust plc

The following chart shows all the entries opened by the momentum investment system on Keystone Positive Change Investment Trust plc:

Keystone Positive Change Investment Trust plc momentum entries
  • The first momentum investment strategy would give 0% of return on Keystone Positive Change Investment Trust plc. That represents 0.0£ of latent gain with 0.0£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Keystone Positive Change Investment Trust plc. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Keystone Positive Change Investment Trust plc

The following chart shows the equity curve of the two momentum strategies applied to Keystone Positive Change Investment Trust plc:

Keystone Positive Change Investment Trust plc momentum equity

Note: the dividends potentially given by Keystone Positive Change Investment Trust plc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Keystone Positive Change Investment Trust plc

The following chart shows the employed capital evolution of the two momentum strategies on Keystone Positive Change Investment Trust plc since the beginning:

Keystone Positive Change Investment Trust plc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Keystone Positive Change Investment Trust plc

Buy the dip entry openings on Keystone Positive Change Investment Trust plc

Keystone Positive Change Investment Trust plc

The performance achieved by the robo-advisor on Keystone Positive Change Investment Trust plc is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Keystone Positive Change Investment Trust plc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Keystone Positive Change Investment Trust plc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Keystone Positive Change Investment Trust plc

The following chart shows the result of the investment strategy applied to Keystone Positive Change Investment Trust plc:

Keystone Positive Change Investment Trust plc

Note: the dividends potentially given by Keystone Positive Change Investment Trust plc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Keystone Positive Change Investment Trust plc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Keystone Positive Change Investment Trust plc:

Keystone Positive Change Investment Trust plc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Keystone Positive Change Investment Trust plc

In this section, I will compare the three previous investment strategies applied to Keystone Positive Change Investment Trust plc.

Equity curve comparison on Keystone Positive Change Investment Trust plc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Keystone Positive Change Investment Trust plc investment strategy comparison

Employed capital comparison on Keystone Positive Change Investment Trust plc

Keystone Positive Change Investment Trust plc investment comparison

Performance comparison on Keystone Positive Change Investment Trust plc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 0% 0.0£ 0.0£ 0%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Keystone Positive Change Investment Trust plc:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Keystone Positive Change Investment Trust plc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Keystone Positive Change Investment Trust plc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Keystone Positive Change Investment Trust plc
Country United Kingdom
City Edinburgh
Address Calton Square
Phone 44 13 1275 2000
Website www.invescoperpetual.co.uk/portal/site/ip/products/productDetail?contentId=acbc6f4edefed210VgnVCM1000002e1ebf0aRCRD
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XLON
Ticker KPC.XLON
Market www.londonstockexchange.com

Keystone Positive Change Investment Trust plc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 6.2
Peer Environment Performance 5.0018181818182
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 7.6
Peer Social Performance 8.6881818181818
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count yes

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 5.2
Peer Governance Performance 6.51
Governance Percentile unknown

ESG at glance
Total ESG Scores: 23.5
Environment Score: 6.2
Social Score: 7.6
Governance Score: 5.2

ESG Performance: AVG_PERF

Peer Group: EAA CE UK Large-Cap Equity

Peer Esg Score Performance: 22.228181818182

Rating Year: 2020

Rating Month: 12

Max Age: 86400

Percentile: unknown