REG - Onward Opportunities - Quarterly Factsheet – Q4 2023

Onward OpportunitiesAnnouncement

10/01/2024 07:00

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RNS Number : 1651Z  Onward Opportunities Limited  10 January 2024

10 January 2024

 

Onward Opportunities Limited

("Onward Opportunities", "ONWD" or the "Company")

 

 

QUARTERLY FACTSHEET - Q4 2023

 

Onward Opportunities Limited is pleased to announce the publication of its
quarterly factsheet to the end of December 2023.

 

Please follow the link below to access the Q4 2023 fact sheet, which will also
be available to download from the Company's website at
www.onwardopportunities.co.uk.

 

https://onwardopportunities.co.uk/wp-content/uploads/2024/01/DGW-Onward-Opportunities-Ltd-Factsheet-31-December-2023.pdf
(https://onwardopportunities.co.uk/wp-content/uploads/2024/01/DGW-Onward-Opportunities-Ltd-Factsheet-31-December-2023.pdf)

 

As at 31 December 2023, the unaudited net asset value ("NAV") per ordinary
share was 106.5 pence, an increase of +6.25% versus the previous month end.

 

Q4 2023 Portfolio Manager Commentary

 

"The Company built on the encouraging start of a +4.1% Net Asset Value growth
in Q3 to deliver a +6.1% gain for the fourth quarter, capping off a rewarding
first financial year of investment performance (NAV growth) for the Company of
+11.3% since inception (30/03/23), outperforming the UK AIM All-Share by
16.6%, which fell in the same period. Perhaps most encouraging was the
investment performance of the fund relative to its peers, which was
top-decile. The standout performers of Q4 were; Springfield Properties, MPAC
Group, Brickability, Somero Enterprises, Comptoir Libanais, Windward, Angling
Direct and Liontrust Asset Management."

 

 

For further information, please contact:

 

 Onward Opportunities Limited                                            Tel: +44 (0)20 3416 9143

 Andrew Henton, Chairman                                                 hello@dowgate.co.uk

 Dowgate Wealth Limited (Portfolio Manager)                              Tel: +44 (0)20 3416 9143

 Laurence Hulse, Investment Director                                     hello@dowgate.co.uk

 Apex Administration (Guernsey) Limited (Company Secretary)              Tel: +44 (0) 203 5303 150

 Martin Baxter / Harry Rouillard                                         ool@maitlandgroup.com

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)  Tel: +44 (0)20 7397 8900

 Ben Jeynes/Camilla Hume

 Dowgate Capital Limited (Joint Broker)                                  Tel: +44 (0)12 9351 7744

 Russell Cooke / Nicholas Chambers

 

 

 

 

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