TwentyFour Select Monthly Income Fund Ltd

LSE:SMIF UK Asset Management
Market Cap
$3.55 Million
GBX29.20 Billion GBX
Market Cap Rank
#50120 Global
#1479 in UK
Share Price
GBX84.20
Change (1 day)
+1.20%
52-Week Range
GBX81.00 - GBX89.00
All Time High
GBX89.00
About

TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in "less liquid" instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bon… Read more

TwentyFour Select Monthly Income Fund Ltd - Asset Resilience Ratio

Latest as of September 2023: 94.81%

TwentyFour Select Monthly Income Fund Ltd (SMIF) has an Asset Resilience Ratio of 94.81% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
GBX176.44 Million
Cash + Short-term Investments
Total Assets
GBX186.10 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how TwentyFour Select Monthly Income Fund Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down TwentyFour Select Monthly Income Fund Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents GBX0.00 0%
Short-term Investments GBX176.44 Million 94.81%
Total Liquid Assets GBX176.44 Million 94.81%

Asset Resilience Insights

  • Very High Liquidity: TwentyFour Select Monthly Income Fund Ltd maintains exceptional liquid asset reserves at 94.81% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

TwentyFour Select Monthly Income Fund Ltd Industry Peers by Asset Resilience Ratio

Compare TwentyFour Select Monthly Income Fund Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bexil Cp
PINK:BXLC
Asset Management 79.25%
Norte Grande
SN:NORTEGRAN
Asset Management 0.00%
BlackRock Capital Allocation Trust
NYSE:BCAT
Asset Management 0.01%
Big Tech 50 R&D-Limited Partnership
TA:BIGT
Asset Management 6.93%
Zhuhai Huajin Capital Co Ltd
SHE:000532
Asset Management 5.10%
Shaanxi International Trust Co Ltd
SHE:000563
Asset Management 10.77%
Sichuan Shuangma Cement Co Ltd
SHE:000935
Asset Management 0.22%
Sk Securities
KO:001510
Asset Management 0.48%

Annual Asset Resilience Ratio for TwentyFour Select Monthly Income Fund Ltd (2015–2023)

The table below shows the annual Asset Resilience Ratio data for TwentyFour Select Monthly Income Fund Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-09-30 94.81% GBX176.44 Million GBX186.10 Million -2.19pp
2022-09-30 96.99% GBX148.92 Million GBX153.53 Million +0.74pp
2021-09-30 96.25% GBX175.65 Million GBX182.49 Million +3.44pp
2020-09-30 92.81% GBX185.20 Million GBX199.55 Million -0.57pp
2019-09-30 93.38% GBX158.33 Million GBX169.57 Million +0.69pp
2018-09-30 92.69% GBX162.83 Million GBX175.68 Million -0.41pp
2017-09-30 93.10% GBX148.50 Million GBX159.51 Million +1.44pp
2016-09-30 91.66% GBX127.97 Million GBX139.62 Million -1.79pp
2015-09-30 93.44% GBX128.80 Million GBX137.84 Million --
pp = percentage points