Herald Investment Trust (HRI)

Category Sector Equity Technology

This investment trust can be held in an Investment ISA, SIPP and Investment Account

Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Sell

2,425.00p

Buy

2,440.00p

arrow-up15.00p (+0.62%)

Discount/Premium

-1.87%

Estimated NAV

2,486.509p

Prices updated at 24 Dec 2024, 12:38 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications. Investments will be made throughout the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

FTSE All-Share

0.47%

LSE

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

Herald Investment Management Ltd

Legal structure

Closed Ended Investment Company

Domicile

United Kingdom

Fiscal year end

31 Dec 2024

Launch date

31 Jan 1994

Lead manager

Katie Potts

Lead manager start date

16 Feb 1994

Lead fund manager biography

Katie Potts is the Managing Director and lead fund manager for Herald Investment Management Limited (“Herald”). Katie established Herald in December 1993 to manage the Herald Investment Trust plc, which was launched in February 1994. In April 1998, Herald launched the Herald Worldwide Technology Fund. Katie read Engineering Science on a GKN Group scholarship at Lady Margaret Hall, Oxford, and then worked for five years as an analyst and fund manager at Baring Investment Management Limited, before joining S.G. Warburg Securities’ UK electronics research team in 1988. The team was consistently voted top team in the Extel survey of analysts in the sector, and she was voted top analyst by finance directors of electronics companies canvassed by the Treasurer magazine. In addition Katie had responsibility within S.G. Warburg’s UK research department for commenting on accounting issues.

Head office

Herald Investment Management Limited

10-11 Charterhouse Square

London

United Kingdom

EC1M 6EE

+44 20 75536300

Company website

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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