Investment Trusts

CQS Natural Resources G&I plc

CYN:LSE

CQS Natural Resources G&I plc

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  • Price (GBX)369.00
  • Today's Change13.00 / 3.65%
  • Shares traded200.32k
  • 1 Year change+96.80%
  • Beta1.0468
Data delayed at least 20 minutes, as of Feb 06 2026 16:36 GMT.
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About the company

CQS Natural Resources Growth and Income PLC is a United Kingdom-based investment company. The Company's investment objective is to provide shareholders with capital growth and income predominantly from a portfolio of mining and resource equities and of mining, resource and industrial fixed interest securities. The Company invests in global energy and mining companies, with a focus on total return. It also pays a regular quarterly dividend. The Company may invest in companies regardless of country, sector or size and its portfolio is constructed without reference to the composition of any stock market index or benchmark. Exposure to higher yielding securities may also be obtained by investing in other sectors, including closed-end investment companies and open-ended collective investment schemes. It may invest in derivatives, financial instruments, money market instruments and currencies for the purpose of efficient portfolio management. The Company’s investment manager is CQS (UK) LLP.

  • Revenue in GBP (TTM)10.20m
  • Net income in GBP5.73m
  • Incorporated1994
  • Employees0.00
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Profile

Management group(s)CQS (UK) LLP
AIC sectorCommodities & Natural Resources
ISINGB0000353929
Launch date27 Jun 2003
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide shareholders with capital growth and income predominantly from a portfolio of mining and resource equities and of mining, resource and industrial fixed interest securities. The Company actively invests in global energy and mining companies, with a focus on total return, but it also pays a healthy dividend. The flexible mandate allows the Company to shift its portfolio weighting between energy and mining, with the aim of maximising returns depending on the point in the cycle, whilst providing relative value opportunities.

Managed by

Keith Watson, Robert Crayfourd

Management & contract fees

The Manager has agreed to reduce the investment management fee payable by the Company to 1.0 per cent. per annum of NAV. The Contract can be terminated with 6 months notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
GCP Asset Backed Income Fund Ltd-6.62m-9.55m116.89m0.00--0.6795-----0.0556-0.0556-0.03851.00-0.0319-------4.602.79-4.622.80--80.44--63.19----0.00223.27-116.30---156.63-----6.81
Mercia Asset Management PLC34.22m3.36m118.32m143.0035.810.633917.073.460.00770.00770.07830.43380.1677--10.84239,272.701.655.861.766.16----9.8134.54----0.006128.910.111822.33145.55--23.25--
Lindsell Train Investment Trust PLC-5.92m-7.56m122.00m0.00--0.6963-----0.3779-0.3779-0.29628.76-0.0323-------4.124.58-4.134.60--85.94--80.60----0.0099.07-149.39---208.68----0.293
Montanaro UK Smllr Cmpns nvstmnt Trst PL-9.75m-11.97m122.28m0.00--0.9432-----0.0576-0.0576-0.06611.11-0.0514-------6.302.63-6.962.76--75.74--70.65----0.0966149.09-165.47---192.45----1.89
Ramsdens Holdings PLC116.80m11.89m128.78m836.0011.142.058.021.100.35740.35743.541.941.351.626.74139,717.7013.7710.0117.9913.0451.9854.2210.188.661.6219.380.213341.3222.17--43.35------
Shires Income plc20.11m17.97m128.88m0.007.281.11--6.410.44930.44930.49752.960.1512--18.43--13.506.7514.047.4991.7787.4689.3481.44----0.139367.411,782.08--748.78----2.31
CQS Natural Rsrcs Grwth Inc PLC10.20m5.73m130.26m0.0040.091.67--12.770.08880.08880.15812.130.0675--19.41--3.7913.674.1715.4375.4990.1456.1784.90----0.061923.57-23.31---37.21----7.47
Northern 3 VCT PLC10.53m7.47m132.27m0.0016.350.9305--12.560.05080.05080.07120.8920.0804------5.718.045.728.0776.2079.5070.9975.41----0.0073.3371.84--128.97----2.38
Blackrock American Income Trust PLC-6.04m-8.04m133.70m0.00--1.17-----0.1163-0.1163-0.08392.02-0.0422-------5.617.23-5.697.40--91.08--83.97---1,531.600.0055.86441.2614.90338.7116.83--0.00
Northern Venture Trust plc11.42m8.08m136.27m0.0014.200.9306--11.940.03980.03980.05470.60710.0908--33.73--6.43--6.44--75.74--70.75------0.00--98.45--163.71------
Northern 2 VCT plc11.56m8.23m136.31m0.0014.760.9391--11.790.03620.03620.04980.56970.0868--28.94--6.187.976.198.0176.6179.1371.1574.56----0.0083.32111.07--193.75-----3.04
Duke Capital Ltd16.98m4.78m136.38m--28.100.7673--8.030.00950.00950.03480.34860.0655--21.57--1.847.271.857.3149.0580.8028.1755.26--5.860.334471.80-40.52---82.73------
Aberforth Geared Value & Income Trst PLC8.71m4.10m139.13m0.0022.640.9219--15.980.03820.03820.08120.93830.0602--13.65--2.84--2.84--85.63--47.13------0.3052--------------
Peel Hunt Ltd111.89m4.70m139.43m287.0033.301.3716.341.250.03380.03380.9180.82030.1699--0.204389,853.700.61924.363.5426.03----3.6524.93--4.720.1767--6.38-0.903314.78--0.2092--
CT UK High Income Trust PLC18.75m16.66m141.88m0.008.191.11--7.570.1440.1440.16221.070.1395--8.67--12.399.8814.1810.7591.6290.1088.8287.41----0.109947.4621.65--25.14----2.20
Blackrock Latin Amercn Invstmnt Trst PLC17.89m15.70m143.41m0.009.141.22--8.020.5330.5330.60763.990.1496------13.12-6.7714.01-7.2392.39--87.73------0.00---210.08---222.76-----7.59
Data as of Feb 06 2026. Currency figures normalised to CQS Natural Resources G&I plc's reporting currency: UK Pound GBX

Institutional shareholders

15.10%Per cent of shares held by top holders
HolderShares% Held
Hargreaves Lansdown Fund Managers Ltd.as of 01 Jan 20263.65m5.67%
Premier Fund Managers Ltd.as of 18 Feb 20211.95m3.03%
BMO Asset Management, Inc.as of 17 Jan 20251.92m2.98%
BlackRock Investment Management (UK) Ltd.as of 01 Jan 2026572.14k0.89%
Rathbones Investment Management Ltd.as of 01 Jan 2026340.00k0.53%
HSBC Global Asset Management (UK) Ltd.as of 01 Jan 2026267.00k0.42%
Barclays Bank Plc (Investment Management)as of 01 Jan 2026261.57k0.41%
Vanguard Global Advisers LLCas of 01 Jan 2026260.53k0.41%
Evelyn Partners Investment Management Services Ltd.as of 01 Jan 2026249.00k0.39%
Legal & General Investment Management Ltd.as of 01 Jan 2026244.43k0.38%
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Data from 31 Mar 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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