Herald Investment Trust

Herald Investment Trust PLC is a closed-ended equity fund launched and managed by Herald Investment Management Limited. It invests in public equity markets worldwide, focusing on companies in the technology, telecommunications, and multi-media sectors. The fund primarily targets small-cap stocks with market capitalizations below £750 million. Its portfolio is benchmarked against a composite of 33.33% Russell 2000 Technology Index and 66.66% Numis Smaller Companies Index. The trust was formed on February 16, 1994, and is domiciled in the United Kingdom.