Herald - Funds

Welcome to the website for Herald Investment Management Limited (HIML). These pages provide a brief introduction to HIML and details of the funds it manages, currently Herald Investment Trust (HIT), the Herald Worldwide Fund (HWF) and Herald Ventures LP (HVLP).

These pages are regularly updated to include up-to-date financial and performance data, but please feel free to contact us with comments, or to request further information. It is important that you read the notice below before proceeding, as it explains certain legal and regulatory restrictions which apply to the information contained in this website.

The information provided in this website is solely for use by individuals who are resident in the United Kingdom and are subject to UK tax and is not intended for, and should not be regarded as an offer or solicitation to sell investments in any jurisdiction other than the UK.

Individuals who are not resident in the UK should not continue as it may be contrary to local laws or regulations to receive information in connection with, or to apply for, a UK investment. In particular, Herald Investment Trust (HIT) shares are not registered under United States securities law and, subject to limited exceptions, may not be offered, sold, transferred or delivered in the United States or to US persons. By proceeding, you are representing and warranting that you are not resident in, or a citizen of, a jurisdiction outside the UK.

Stock market and currency movements may cause the capital value of shares and the income derived from them to go down as well as up, and investors may get back less than they invested. Past performance is not necessarily a guide to future performance. The value of any tax relief you may be entitled to will depend on your individual circumstances. Tax rates, and reliefs, as well as the tax treatment of PEPs, may be changed by future legislation.

This web site is approved for purposes of UK regulation, by Herald Investment Management Ltd (HIML). It is not to be considered as investment advice. Herald Investment Management Ltd is authorised and regulated by the Financial Services Authority.

Although we have taken reasonable care to ensure that the facts contained in these pages are accurate, no representation or warranty, express or implied, is made to its accuracy or completeness.

The information herein is not for distribution outside the UK. Under no circumstances should this information, or any part of it be copied, reproduced or redistributed. No rights of any kind are licensed or assigned or shall otherwise pass to persons accessing this information.

If you are in any doubt about any of the information contained herein please consult your stockbroker, solicitor, accountant or other professional adviser.

About Cookie Settings
We use cookies to ensure that we give you the best experience on our website. If you wish to restrict or block web browser cookies which are set on your device then you can do this through your browser settings, the Help function within your browser will tell you how.

Authorised and Regulated by the Financial Services Authority - Any website comments, contact the Webmaster

© Copyright & Disclaimer

Home > Funds

By leveraging the expertise of its investment professionals and consultants, Herald Investment Management Ltd invests across the entire spectrum of quoted and unquoted companies in the global Technology, Media and Telecommunication (TMT) space via four investment vehicles:

Herald Investment Trust plc, which is listed on the London Stock Exchange, was launched in February 1994. It generally invests in quoted companies in the technology, media and telecommunications sectors globally with a market capitalisation below £1bn. The net assets/share have risen over 4x from a launch price of 100p.

Herald Worldwide also invests in quoted companies in the technology, media and telecommunications sector globally but does not have a market capitalisation limit. It is an open-ended fund listed in Dublin. Like the investment trust it is one of the top performing technology funds over ten years (see performance). The fund was launched in April 1998.

Herald Ventures comprises of two funds. The first venture fund was launched in 1999, through three LLPs, in order to exploit the natural deal flow of HIML. This fund is now fully invested. The second venture fund was raised in 2005. It continues to seek new investment opportunities for £250,000 to £1m. The two funds totalling £50m, invest in UK unquoted companies in the technology, media and telecommunications sectors.