The Hg Capital Trust is a London listed investment trust.
https://www.hgcapitaltrust.com/portfolio
Shareprice = 390p
Net Asset Value = 473p
Thus, buying 473p for 390p.
The objective of HgCapital Trust (‘HGT’) is to provide shareholders with consistent long-term returns in excess of the FTSE All-Share Index by investing predominantly in unquoted companies where value can be created through strategic and operational change.
The investment opportunity
Exposure to a portfolio of 48 companies diversified by end market and geography – with enterprise values of £100 million to over £10 billion
The top 20 investments, representing 76% of portfolio value
https://www.londonstockexchange.com/stock/HGT/hg-capital-trust-plc/company-page