19 August 2021
We are delighted to announce that the Amati AIM VCT has been named as a finalist in Investment Week's Investment Company of the Year Awards 2021.
Investment Week is pleased to announce the finalists for the 23rd Investment Company of the Year Awards in association with the AIC, which has a proud history of rewarding excellence in closed-ended fund management. The results will be announced during an awards ceremony on 18 November in London.
The shortlists for the awards are constructed using scores provided by the AIC, using Morningstar data. Investment companies need a three-year track record to 30 June 2021 to be included in the main award categories but may be shortlisted in the Best New Issue category (covering the 24-month period to 30 June 2021).
Within each sector, companies have their cumulative fair NAV returns calculated over three discrete periods in sterling terms. Returns over the 12 months to 30 June 2021 are given a 40% weighting, the 12 months to 30 June 2020 are given a 30% weighting, while the 12 months to 30 June 2019 accounts for 20% of the overall score. The final 10% weight is given to the full cumulative NAV return over the three years to 30 June 2021. These scores are added to give a single score out of 100, the highest of which will be shortlisted for consideration within the various awards sectors.
For further information on the awards, please click here.