UIL (LSE:UTL) is a closed-end, Bermuda-incorporated investment company, managed by specialist investment manager ICM. Day-to-day management of the fund is the responsibility of Charles Jillings. He aims to identify and invest in compelling long-term investments across the globe, where the forecast underlying value is not reflected in their current share price. UIL is diversified with sector biases to financial services, technology and resources, and a geographic bias to Australia. The fund has a positive long-term track record and pays regular quarterly dividends.
In this webcast, UIL’s manager Charles Jillings describes the fund and highlights how the ICM investment team finds investments. He then focuses on what UIL’s portfolio offers, and what are the attractions for an investor.