TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & Yield0.06£ (8.94%)
Beta N/A
Market capitalization 155.74M
Operating cash flow N/A
ESG Scores unknown

Company description

TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in “less liquid” instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bonds, and leveraged loans issued by a wide variety of issuers. It employs fundamental analysis with both top-down and bottom-up security selection approaches, focusing on such factors as economic fundamentals, market technicals, sentiment, valuations, and risk/stress analysis to create its portfolio. TwentyFour Select Monthly Income Fund Limited was formed on March 13, 2014 and is domiciled in Guernsey.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

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Income Statement
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Net Income
Selling General Administrative
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Net Income From Continuing Ops
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Balance Sheet Statement
Total Liabilities
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Property, Plant, and Equipment
Total Current Assets
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Net Receivables
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

Filer Name Transaction Text Ownership Date Filer Relation Shares
Paxton (Ashley)Bought at price 1.17 per share.D2022-04-0122.5k
Momentum Global FundsD2021-11-081.03M
Whittet (Claire)D2021-09-30
Martin (Ian)D2021-09-30
Legge (Christopher Fawcus Lovell)D2021-09-30
Momentum Global FundsD2021-07-16
Premier Fund Managers LimitedD2021-01-2038.7M
Premier Fund Managers LimitedD2021-01-11500k
Premier Fund Managers LimitedD2020-11-18
Premier Fund Managers LimitedD2020-11-062.55M

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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD . You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

Here is the result of two systematic investment strategies applied to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD . 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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The following chart shows the equity curve of the two systematic investment strategies applied to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD  automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 5.61% on the backtest period.

Performance at glance

Performance

5.61 %

Latent gain

122.1 £

Invested capital

2177.1 £

Annualized return

1.36 %
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Momentum strategy results on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

This is the result of two momentum investment strategies applied to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD . 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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The following chart shows all the entries opened by the momentum investment system on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD  momentum entries
  • The first momentum investment strategy would give 3.01% of return on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD . That represents 212.5£ of latent gain with 7068.3£ of employed capital.
  • The second momentum investment strategy would give 3.66% of return on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD . That represents 121.62£ of latent gain with 3327.18£ of employed capital.
Performance at glance (1Q Momentum)

Performance

3.01 %

Latent gain

212.5 £

Invested capital

7068.3 £

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

3.66 %

Latent gain

121.62 £

Invested capital

3327.18 £

Annualized return

1.01 %

Momentum equity curve on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The following chart shows the equity curve of the two momentum strategies applied to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD  momentum equity

Note: the dividends potentially given by TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD 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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The following chart shows the employed capital evolution of the two momentum strategies on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD since the beginning:

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

Buy the dip entry openings on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The performance achieved by the robo-advisor on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD , 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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The following chart shows the result of the investment strategy applied to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

Note: the dividends potentially given by TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD 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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

The following chart shows the employed capital evolution since the beginning of the investment strategy on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

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 TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

In this section, I will compare the three previous investment strategies applied to TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD .

Equity curve comparison on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

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

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD  investment strategy comparison

Employed capital comparison on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD  investment comparison

Performance comparison on TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 5.61% 122.1£ 2177.1£ 1.36%
Momentum 1 quarter 3.01% 212.5£ 7068.3£ 0.78%
Momentum 2 quarters 3.66% 121.62£ 3327.18£ 1.01%
Non-directional 0% 0.0£ 0.0£ 0.0%
Annualized return comparison

Automatic investment

1.36 %

Momentum 1Q

1.01 %

Momentum 2Q

1.01 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD :

Note: The algorithm computes the probability of correlation between TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD and the other stocks. There may be false positives or some missing correlated stocks. If the price of TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD
Country United Kingdom
City London
Address 24 Cornhill
Phone 44 (0)20 7015 8900
Website www.twentyfouram.com/funds/select-monthly-income-fund
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XLON
Ticker SMIF.XLON
Market www.londonstockexchange.com

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED ORD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
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 0
Peer Social Performance unknown
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 unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown