XP Power Ltd (LSE:XPP), 4imprint Group Plc (AQSE:FOUR) and Alpha Group International PLC (AIM:ALPH) are the most widely held stocks by investment trusts that focus on the UK smaller company sector. Each appears in the portfolios of eight different London-listed investment funds, according to research by the Association for Investment Companies.
Shares of XP Power Ltd (LSE:XPP) dropped by 19% in early deals after Advanced Energy Industries binned its £470 million bid approach - one of three for the UK power systems group. Advanced walked away after deciding 1,950p a share was as high as it wanted to go, adding that it felt it "captured the potential of future market recovery while factoring in near and intermediate-term market and operational risks facing XP Power as a standalone company".
XP Power Ltd (LSE:XPP) has rejected the third “unsolicited approach” from US energy company Advanced Energy despite the bid placing a knock-out 68% premium on yesterday's closing price. London-listed XP Power called the bids “a series of highly conditional, opportunistic, indicative proposals from Advanced Energy”.
![]() XPP In 1 weeks Estimated | Quarterly | $0.16 Per Share |
![]() XPP 2 months ago Paid | Quarterly | $0.16 Per Share |
![]() XPP 5 months ago Paid | Quarterly | $0.24 Per Share |
![]() XPP 8 months ago Paid | Quarterly | $0.18 Per Share |
![]() XPP 11 months ago Paid | Quarterly | $0.08 Per Share |
![]() XPP 20 Mar 2024 Paid | Quarterly | $0.05 Per Share |
![]() XPP In 1 weeks Estimated | Quarterly | $0.16 Per Share |
![]() XPP 2 months ago Paid | Quarterly | $0.16 Per Share |
![]() XPP 5 months ago Paid | Quarterly | $0.24 Per Share |
![]() XPP 8 months ago Paid | Quarterly | $0.18 Per Share |
![]() XPP 11 months ago Paid | Quarterly | $0.08 Per Share |
![]() XPP 20 Mar 2024 Paid | Quarterly | $0.05 Per Share |
ARCA Exchange | US Country |
The subject entity is a financial investment fund tailored to provide its investors daily returns that align with its Daily Target. Managed by ProShare Advisors, the fund strategically places its investments in a selection of financial instruments believed to collectively meet its daily performance objectives. A significant aspect of its investment strategy includes leveraging, where it commits at least 80% of its total assets towards obtaining leveraged exposure. This exposure is directed towards the component securities of an index or comparable financial instruments sharing similar economic characteristics. Notably, the index in question is a modified capitalization weighted index comprising 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange, reflecting the fund's geographic and sector focus. It is important to note, however, that the fund operates as a non-diverse portfolio, concentrating its investments rather than spreading them across a wide variety of assets or sectors.
The core service of the fund revolves around its leveraged investment strategy designed to meet a specified Daily Target. Through this approach, the fund aims to amplify the daily returns for its investors by leveraging its assets. This service is particularly appealing to those investors looking for short-term gains and are comfortable with the associated risks of leveraged investments.
In tandem with its general leveraged investment strategy, the fund specifically provides leveraged exposure to the Chinese market, focusing on the 50 largest and most liquid stocks listed on the Hong Kong Stock Exchange. This product targets investors interested in tapping into the economic potential of Chinese companies while leveraging their investment to enhance potential returns. Given the significant commitment to assets in this area, this service underscores the fund’s focused investment philosophy.