Fund-of-funds: London-listed member
F&C Private Equity Trust plc is a fund of funds. It invests in private equity through a fund of funds approach, including primary commitments, secondary commitments and direct investments. Funds are well-diversified by industry, geography and stage of investment.
To achieve long-term capital growth mainly in the European mid-market buyout niche through investment in specialist private equity funds, on a primary and secondary basis, as well as selective co-investments in private companies.
F&C Private Equity Trust plc’s dividend policy is to pay an annual dividend equivalent to 4% of Net Asset Value, which is calculated every six months and paid in two semi-annual payments in May and November.