Profile data is unavailable for this security.
About the company
Baker Steel Resources Trust Limited is a Guernsey-based closed-ended investment company. The Company’s investment objective is to seek capital growth over the long-term through a focused, global portfolio consisting principally of the equities, loans or related instruments of natural resources companies. The Company invests predominantly in unlisted companies but also in listed securities with a view to making attractive investment returns through the uplift in value resulting from the development progression of the investee companies’ projects and through exploiting value inherent in market inefficiencies and pricing anomalies. The Company focuses primarily on making investments in companies with producing and/or tangible assets, such as resources and reserves that have been verified under internationally recognized standards for reporting, such as those of the Australasian Joint Ore Reserves Committee (JORC). Its investment manager is Baker Steel Capital Managers LLP.
- Revenue in GBP (TTM)26.74m
- Net income in GBP24.89m
- Incorporated2010
- Employees0.00
- LocationBaker Steel Resources TrustArnold House, St Julian's AvenueSAINT PETER PORT GY1 3NFGuernseyGGY
- Phone+44 1 481707000
Profile
| Management group(s) | Baker Steel Capital Managers LLP |
|---|---|
| AIC sector | Commodities & Natural Resources |
| ISIN | GG00B6686L20 |
| Launch date | 28 Apr 2010 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To seek capital growth over the long- term through a focused global portfolio consisting principally of the equities, or related instruments, of natural resources companies. The Company invests in unlisted companies (i.e. those companies that have not yet made an initial public offering or IPO) and in listed securities (including special situations opportunities and less liquid securities) with a view to making attractive investment returns through the uplift from development progression of the investee companies’ projects and through exploiting value inherent in market inefficiencies and pricing anomalies.
Managed by
| Trevor Steel |
|---|
Management & contract fees
Management fee is 1/12th of 1.75% p.a. of Market Cap, paid monthly. The amount of the performance fee is 15% of the total increase in the NAV, if the Hurdle has been met. Contract terminable on notice period of 12 months.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Rights and Issues Investment Trust PLC | 571.00k | -695.00k |
| JPMorgan Emng Erp Mdl Est&Afrc Scrts PLC | 6.39m | 5.39m |
| Global Opportunities Trust PLC | 6.95m | 5.76m |
| Bellevue Healthcare Trust PLC | -41.62m | -48.19m |
| Octopus AIM VCT plc | -6.48m | -9.12m |
| Molten Ventures VCT PLC | 1.70m | -1.35m |
| India Capital Growth Fund Ltd | 415.00k | -8.47m |
| abrdn European Logistics Income PLC | 36.00m | 7.21m |
| JZ Capital Partners Limited | -491.59k | -4.86m |
| Baker Steel Resources Trust Ltd | 26.74m | 24.89m |
| Record Plc | 39.70m | 7.89m |
| Artemis UK Future Leaders PLC | -20.85m | -22.91m |
| Hargreave Hale AIM VCT PLC | 2.86m | -517.00k |
| Mercia Asset Management PLC | 34.22m | 3.36m |
| GCP Asset Backed Income Fund Ltd | -6.62m | -9.55m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Overseas Asset Management (Cayman) Ltd.as of 31 Dec 2024 | 12.27m | 11.60% |
| Asset Value Investors Ltd.as of 31 Dec 2025 | 6.49m | 6.14% |
| Raymond James Investment Services Ltd.as of 31 Dec 2024 | 6.15m | 5.81% |
| Hargreaves Lansdown Asset Management Ltd.as of 31 Dec 2024 | 4.83m | 4.57% |
| Interactive Investor Services Ltd.as of 31 Dec 2024 | 3.27m | 3.09% |
| Jupiter Asset Management Ltd.as of 30 Sep 2025 | 1.98m | 1.88% |
| Evelyn Partners Investment Management LLPas of 31 Dec 2025 | 370.75k | 0.35% |
