For individual investors in the UK

LWI Lowland Investment Company plc

A growth and income company with a diversified portfolio of mainly UK equities and a strong dividend track record

ISIN
GB00BNXGHS27

Share price
114.00p
As of 26/09/2023

Estimated NAV
132.13p
As of 26/09/2023

Discount / Premium
-13.72%
As of 26/09/2023

Yield
5.35%
As of 26/09/2023

Overview

INVESTMENT OBJECTIVE

The Company aims to give shareholders a higher than average return with growth of both capital and income over the medium to long-term, by investing in a broad spread of predominantly UK Companies. The Company measures its performance against the FTSE All-Share Index Total Return.

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Potential investors must read the latest annual report and where relevant, the key investor information document before investing. This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS COMPANY

  • Investing for the long term across all sizes of British business
  • Seeking to deliver a predictable, growing income for shareholders
  • Integrating environmental, social and governance factors throughout the investment process
Past performance does not predict future returns. 
 

LATEST INSIGHTS

Knowledge Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge Shared.

ANNOUNCEMENTS

  • The Board have approved a third interim dividend of 1.6p per share which will be paid on 31 October 2023 to shareholders on the register on 29 September 2023. The shares will trade ex-dividend on 28 September 2023.
  • The latest announcements for this Company can be found on the London Stock Exchange website.

DIVIDEND HISTORY

Kepler Logo Placement
  • Pays its dividends quarterly, with each quarterly dividend being maintained or increased since they were introduced in 2013
  • The dividend on an annual basis has been maintained or increased since the Company was founded
  • Barring adverse circumstances, each quarterly dividend aims to be no less than the previous equivalent

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

PORTFOLIO MANAGEMENT

James Henderson

Portfolio Manager

Industry since 1982. Joined Firm in 1984.

Laura Foll, CFA

Portfolio Manager

Industry since 2009. Joined Firm in 2009.

Performance

Past performance does not predict future returns.
Discrete Performance (%)
As of 30/06/2023
Net Asset Value Price
 
Quarter End
As of 30/06/2023
2022/2023 2021/2022 2020/2021 2019/2020 2018/2019
Net Asset Value 5.49 -5.43 41.87 -23.11 -9.58
Price 4.50 -9.40 44.64 -24.23 -6.94
Cumulative Performance (%)
As of 31/08/2023
NAV (Net) Price (Net)
 
As of 31/08/2023 1MO 3MO YTD 1YR 3YR 5YR 10YR
NAV (Net) -2.19 -0.64 1.53 5.07 44.31 -0.05 48.35
Price (Net) -5.44 -3.76 -3.18 -0.52 41.07 -3.72 26.76
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
28-Sep-23 31-Oct-23 1.60
29-Jun-23 31-Jul-23 1.53
30-Mar-23 28-Apr-23 1.53
29-Dec-22 31-Jan-23 1.53
29-Sep-22 31-Oct-22 1.53
30-Jun-22 29-Jul-22 1.53
31-Mar-22 29-Apr-22 1.53
30-Dec-21 31-Jan-22 1.53
30-Sep-21 29-Oct-21 1.50
01-Jul-21 30-Jul-21 1.50
01-Apr-21 30-Apr-21 1.50
24-Dec-20 29-Jan-21 1.50

Portfolio

Top Holdings (As of 31/08/2023)
% of Fund
Shell 3.46
BP 3.12
HSBC 2.56
Standard Chartered 2.47
FBD 2.25
GSK 2.12
M&G 1.99
Serica Energy 1.94
Aviva 1.93
Irish Continental Group Plc 1.88
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 31/08/2023)
Country/Geographic Exposures % OF FUND % OF FUND (As of August 31, 2023)

Documents

  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance does not predict future returns
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • If a Company's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio that is diversified across more countries.
  • Some of the investments in this portfolio are in smaller company shares. They may be more difficult to buy and sell, and their share prices may fluctuate more than those of larger companies.
  • This Company is suitable to be used as one component of several within a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested in this Company.
  • Active management techniques that have worked well in normal market conditions could prove ineffective or negative for performance at other times.
  • The Company could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Company.
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • The return on your investment is directly related to the prevailing market price of the Company's shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the Company. As a result, losses (or gains) may be higher or lower than those of the Company's assets.
  • The Company may use gearing (borrowing to invest) as part of its investment strategy. If the Company utilises its ability to gear, the profits and losses incurred by the Company can be greater than those of a Company that does not use gearing.
  • The Company confirms that it currently conducts its affairs so that its ordinary shares of 2.5p each can be recommended by IFAs to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA) rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future.
  • The shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in an investment trust.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the AIFMD Disclosure document and Annual Report of the AIF before making any final investment decisions.
  • The Company underwent a 10 for 1 stock split on 7 February 2022; comparative NAV, share price and dividend figures have, where possible, been adjusted to reflect this, but historic dividends and earnings per share up to 7 February 2022 may reflect the previous position, unless otherwise stated.
  • Some documents are available in alternative formats. Click here for information on how to request them.