UIL - Edison Group

Overview
Price performance
Financials
Research
Thematics

UIL’s objective is to maximise shareholder returns by identifying and investing in investments worldwide where the estimated underlying value is not fully recognised. The company’s investment performance is benchmarked against the broad UK equity market. UIL is a member of the AIC flexible investment sector.

Latest Insights

Investment Companies |
Update

04.03.24

UIL — Long-term focus, avoiding short-term noise

Investment Companies |
Update

03.10.23

UIL — Investing for long-term value creation

Investment Companies |
Update

09.03.23

UIL — Confident in portfolio companies’ strong prospects

Investment Companies |
Update

27.05.22

UIL — Strong investee company fundamentals to win out

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Sector

Investment Companies

Equity Analyst

Mel Jenner

Director, Investment Trusts

Key Management

Alastair Moreton

Company Secretary
Charles Jillings

Fund Manager
Duncan Saville

Fund manager

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	(2.3)	(15.1)	(23.0)
Relative	(4.0)	(20.2)	(24.8)
52 week high/low	147.0p/104.0p

Overview

UIL Limited (UIL) is managed by Charles Jillings and his highly experienced team at value-based specialist investor ICM. It is a unique portfolio of undervalued assets, which is illustrated by the fund’s differentiated exposures. In terms of geography, the largest weightings are Australia (c 42%) and the UK (c 21%), while the largest sector allocations are financial services (c 51%) and technology (c 21%). The majority of the portfolio, around 75%, is held in platforms (collective investment companies), with the balance in direct investments. UIL’s dividends have remained steady for the last three financial years and the board anticipates that the annual distribution will at least be maintained, using revenue reserves when required. The company offers a very attractive above-market 7.1% dividend yield.