Last checked at 
11 Aug 2016 13:28
Herald Investment Trust - Initiation research from QuotedData
11th August 2016
Investing in the future
Herald Investment Trust (Herald) is a major investor in the small-Cap technology sector, especially in the UK. It is the only listed investment trust with a focus on this space. In recent times, small-cap technology stocks have become cheaper relative to both the broader market and large-cap technology stocks. Relative valuations are now close to five-year lows. Current uncertainties may have unnerved many investors, but the manager is looking ahead and believes that there is considerable latent value in Herald's portfolio. Furthermore, despite an uptick in share buy-back activity, Herald's discount has widened in recent months, to levels that the manager feels represent an attractive entry point for long-term investors; she has just invested personally c £300,000 in Herald.
Full research:
http://quoteddata.com/2016/08/herald-investment-trust-investing-in-the-future/
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.
NB: this note has been prepared for Herald Investment Trust by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.
QUOTEDDATA123a Kings Road | London SW3 4PLTel: +44 (0) 20 3691 9430
www.quoteddata.com | research@quoteddata.com | www.martenandco.com