Manager firm
Gravis Capital Management Ltd
Manager(s)
Philip Kent
Structure
Infrastructure
AIC sector
Infrastructure
Domicile
Jersey
Base currency
GBP
Launched
2010-07-22
Latest factsheet
2026-06-30
Snapshot date
2025-08-31
Manager firm
Gravis Capital Management Ltd
Manager(s)
Philip Kent
Structure
Infrastructure
AIC sector
Infrastructure
Domicile
Jersey
Base currency
GBP
Launched
2010-07-22
Latest factsheet
2026-06-30
Snapshot date
2025-08-31
Share price
81.50p
NAV / share
99.39p2026-09-30
Premium / discount
-18.00%
Fund size
£796m
OCF
—
Performance fee
—
Gearing
-3.00%
Dividend yield
9.00%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3m | 9.9% | — | — |
| 1y | 16.2% | — | — |
| 1y | 16.2% | — | — |
| 1y | 3.5% | — | — |
| 3y | 32.0% | — |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Cardale PFI Investments | PFI/PPP | — | 14.8% |
| 2 | Gravis Solar 1 | Commercial solar | — | 9.4% |
| 3 | GCP Programme Funding S10 | Supported living | — | 5.9% |
| 4 | GCP Programme Funding S14 | Biomass | — | 5.7% |
At 30 June 2026, the Company was exposed to a diversified, partially inflation protected, portfolio of 47 investments, with an unaudited valuation of £810.4 million. The portfolio had a principal value of £876.6 million with a weighted average annualised yield of 8.0% and an average life of 11 years.
Manager firm
Gravis Capital Management Ltd
Manager(s)
Philip Kent
Structure
Infrastructure
AIC sector
Infrastructure
Domicile
Jersey
Base currency
GBP
Launched
2010-07-22
Latest factsheet
2026-06-30
Snapshot date
2025-08-31
Share price
81.50p
NAV / share
99.39p2026-09-30
Premium / discount
-18.00%
Fund size
£796m
OCF
—
Performance fee
—
Gearing
-3.00%
Dividend yield
9.00%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3m | 9.9% | — | — |
| 1y | 16.2% | — | — |
| 1y | 16.2% | — | — |
| 1y | 3.5% | — | — |
| 3y | 32.0% | — |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Cardale PFI Investments | PFI/PPP | — | 14.8% |
| 2 | Gravis Solar 1 | Commercial solar | — | 9.4% |
| 3 | GCP Programme Funding S10 | Supported living | — | 5.9% |
| 4 | GCP Programme Funding S14 | Biomass | — | 5.7% |
At 30 June 2026, the Company was exposed to a diversified, partially inflation protected, portfolio of 47 investments, with an unaudited valuation of £810.4 million. The portfolio had a principal value of £876.6 million with a weighted average annualised yield of 8.0% and an average life of 11 years.
| — |
| 5y | 17.0% | — | — |
| 10y | 35.9% | — | — |
| since_inception | 134.8% | — | — |
| 5 | GCP Bridge Holdings | Various | — | 5.4% |
| 6 | GCP Biomass 2 | Biomass | — | 5.1% |
| 7 | GCP Social Housing 1 B Notes | Supported living | — | 4.6% |
| 8 | GCP Green Energy 1 | Onshore wind/Commercial Solar | — | 3.8% |
| 9 | GCP Rooftop Solar Finance | Rooftop solar | — | 3.8% |
| 10 | GCP Rooftop Solar 5 | Rooftop solar | — | 3.0% |
| — |
| 5y | 17.0% | — | — |
| 10y | 35.9% | — | — |
| since_inception | 134.8% | — | — |
| 5 | GCP Bridge Holdings | Various | — | 5.4% |
| 6 | GCP Biomass 2 | Biomass | — | 5.1% |
| 7 | GCP Social Housing 1 B Notes | Supported living | — | 4.6% |
| 8 | GCP Green Energy 1 | Onshore wind/Commercial Solar | — | 3.8% |
| 9 | GCP Rooftop Solar Finance | Rooftop solar | — | 3.8% |
| 10 | GCP Rooftop Solar 5 | Rooftop solar | — | 3.0% |