ICG Enterprise FY’23 results proving the value of a defensive growth strategy (VIDEO)

ICG Enterprise Trust plc (LON:ICGT) hosted an Investor Day on 13 June 2023. The key takeaways were i) a clear, defensive-growth investment strategy, targeting superior risk-adjusted returns over the long term, ii) a differentiated portfolio with exposure to

ICG Enterprise Trust plc (LON:ICGT) reported another strong year to end-January 2023. The NAV per share was 1,903p, up from 1,690p in January 2022. The NAV total return was 14.5%, driven by the local-currency portfolio return of 10.5%,

ICG Enterprise Trust plc (LON:ICGT) reported another strong year to end-January 2023. The NAV per share was 1,903p, up from 1,690p in January 2022. The NAV total return was 14.5%, driven by the local-currency portfolio return of 10.5%,

ICG Enterprise Trust plc (LON:ICGT) reported another strong quarter, with an NAV per share total return of 3.6% in 3Q’22 and a portfolio return of 13.8% (local currency) for the last 12 months. Total proceeds and new investments

ICG Enterprise Trust plc (LON:ICGT) reported another strong half-year, with an NAV per share total return of 10.9% and sterling portfolio returns of 12.4% (local currency 7.4%). Total proceeds and new investments were strong, at £107m and £144m,

ICG Enterprise Trust plc (LON:ICGT) reported another strong year, with an NAV per share total return of 24.4%, its 13th consecutive year of double-digit NAV growth. It materially outperformed the UK public market index, with a five-year CAGR

ICG Enterprise Trust plc (LON:ICGT) reported a further strong quarter of NAV growth to October 2021. One highlight from these results was secondary fund investments. This note reviews the strategic allocation that may see these assets become 20%-25%