Gresham House Energy Storage Fund PLC (GRID)

Category Infrastructure Direct

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

Sell

46.70p

Buy

47.40p

arrow-down-0.60p (-1.27%)

Discount/Premium

-57.52%

Estimated NAV

111.343p

Prices updated at 15 Nov 2024, 16:35 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The company seeks to provide investors with an attractive and sustainable dividend over the long term by investing in a diversified portfolio of utility scale operational energy storage systems, which utilise batteries and may also utilise generators, located in Great Britain, Northern Ireland, and the Republic of Ireland. In addition, the company seeks to provide investors with the prospect of capital growth through the re-investment of net cash generated in excess of the target dividend in accordance with the investment policy of the company and the requirements of the IT Regulations.

FTSE All-Share

-0.11%

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.

	47.30
Launch date	13 Nov 2018
	48.80p - 46.70p
	111.40p - 36.90p
	109.16 as of 30 Jun 2024
Ongoing charge audited (%)	1.19
	1.22
	0.00
	5.05
	517,216.65
	569.06m
	269.17m
	116.82
	Quarterly
	£743.61m
	£621.19m
	-48.98
	-47.60
	-13.52
Fund comparative index	FTSE All Share TR GBP
	Quarterly
	0.90m
	0.54m
	GB00BFX3K770

Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

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.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.