Caledonia Investments is a £1.3 Billion London listed Investment Trust.
[http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=10152]
Its juicy dividend is 2.1% in these near Zero interest rate times.
it’s wealth comes from the Cayzer family who built their wealth from shipping and protected there wealth by creating the Caledonia Investment Trust, which today is 48.5% owned by the Cayzer family.
The top ten holdings are:
Capital Today China (Private equity fund)
Park Holidays (Caravan parks operator)
Cobehold (Investment company)
TGE Marine (LNG engineering)
AG Barr (Soft drinks)
Bristow Group (Helicopter services)
The Sloane Club (Residential club)
Choice Care Group (Care homes provider)
Close Brothers (Financial services)
Polar Capital (Fund manager)
The top ten holdings equate to £664m.
Also the share price of Caledonia Investments is running at a discount, of about 14%. This means you are buying £1 worth of assets for 86p.