Tavistock Investments (TAVI)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

8.90p
   
  • Change Today:
    -0.60p
  • 52 Week High: 10.00p
  • 52 Week Low: 3.70p
  • Currency: UK Pounds
  • Shares Issued: 558.38m
  • Volume: 1,443,673
  • Market Cap: £49.70m

Tavistock Wealth launches three new ACUMEN funds

By Josh White

Date: Tuesday 27 Jun 2017

LONDON (ShareCast) - (ShareCast News) - Tavistock Investments Group investment management arm Tavistock Wealth announced the "strengthening" of its offering on Tuesday with three new funds, increasing its flagship ACUMEN Portfolio range to seven risk progressive funds.
The AIM-traded firm confirmed the three new funds as the ACUMEN Bond Portfolio, the ACUMEN Equity Portfolio and the ACUMEN Strategic Portfolio.

It said the ACUMEN Bond Portfolio had a minimum fixed income exposure of 80%, investing in government, corporate, inflation-linked and emerging market bonds, while the ACUMEN Equity Portfolio also had a minimum exposure of 80%, but to developed market and emerging market equities.

The ACUMEN Strategic Portfolio invested in "a range" of global asset classes, including equities, commodities, property and bonds.

Tavistock said the ACUMEN Portfolios could be accessed on approximately 20 different platforms or directly through the authorised corporate director, being Investment Fund Services (IFSL).

The funds were described by Tavistock's board as "highly sophisticated baskets" of exchange traded funds, which formed the building blocks for Tavistock Wealth's range of risk targeted investor portfolios.

In its statement, Tavistock said the new funds were launched in response to a consistent demand from IFAs for asset-specific strategies.

They offered advisers a "wider range" of solutions for their clients, and reportedly better equipped Tavistock Wealth to manage risk across the entire volatility curve.

"We continuously assess our products to ensure that they protect investors in the face of political and economic uncertainties, such as those surrounding Brexit," said chief executive Brian Raven.

"We are now better able to mitigate risk with these additional funds and we have also increased the extent to which our overseas portfolio exposures are hedged back to sterling."

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TAVI Market Data

Currency UK Pounds
Share Price 8.90p
Change Today -0.60p
% Change -6.32 %
52 Week High 10.00p
52 Week Low 3.70p
Volume 1,443,673
Shares Issued 558.38m
Market Cap £49.70m

TAVI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.75% below the market average71.75% below the market average71.75% below the market average71.75% below the market average71.75% below the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average
Price Trend
98.63% above the market average98.63% above the market average98.63% above the market average98.63% above the market average98.63% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
27.69% below the market average27.69% below the market average27.69% below the market average27.69% below the market average27.69% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

TAVI Dividends

  Latest Previous
  Interim Interim
Ex-Div 07-Jul-22 16-Sep-21
Paid 22-Jul-22 04-Oct-21
Amount 0.070p 0.050p

Trades for 16-Aug-2022

Time Volume / Share Price
16:10 111,111 @ 9.00p
16:12 22,279 @ 8.95p
15:24 11,046 @ 9.00p
15:15 533 @ 8.80p
13:59 125,000 @ 9.12p

TAVI Key Personnel

Chair Oliver Charles Cooke
CEO Brian Raven

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