Trade HIPGNOSIS SONGS FUND LIMITED OR - SONG CFD

Trading Conditions

• Spread: 0.0070
• Long position overnight feeLong position overnight feeMargin. Your investment£1,000.00Overnight feeCharges from full value of position-0.025295 %(-£1.01)Trade size with leverage ~ £5,000.00Short position overnight fee ~ £4,000.00Go to platform: -0.025295%
• Short position overnight feeShort position overnight feeMargin. Your investment£1,000.00Overnight feeCharges from full value of position0.003377 %(£0.14)Trade size with leverage ~ £5,000.00Short position overnight fee ~ £4,000.00Go to platform: 0.003377%
• Overnight fee time: 21:00 (UTC)
• Currency: GBP
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United Kingdom of Great Britain and Northern Ireland
• Commission on trade: 0%

• Margin. Your investment: £1,000.00
• Overnight feeCharges from full value of position: -0.025295 %
  (-£1.01)

• Margin. Your investment: £1,000.00
• Overnight feeCharges from full value of position: 0.003377 %
  (£0.14)

Key Stats

• Prev. Close: 1.0435
• Open: 1.0435
• 1-Year Change: 20.43%
• Day's Range: 1.0435 - 1.0535

Hipgnosis Songs Fund Limited Company profile

About Hipgnosis Songs Fund Ltd

Hipgnosis Songs Fund Limited is a Guernsey-based investment company. The Company is established to offer investors the exposure to songs and associated musical intellectual property rights. Its principal activities are to invest in a diverse portfolio of song catalogues, to collect income generated across a variety of sources from the ongoing exploitation of copyrights, and to manage the development of the assets. The Company makes its investments through its subsidiaries. The Company's subsidiaries include Hipgnosis Holdings UK Limited, Hipgnosis SFH I Limited, Hipgnosis SFH XIX Limited, Ruby Ruby (London) Limited, Big Deal Music Group, BDM Acquisition Corp, LLC, Hipgnosis SFH XVI Limited and Hipgnosis SFH XX Limited. The Company's Investment Adviser is The Family (Music) Limited.

Financial summary

BRIEF: For the six months ended 30 September 2021,Hipgnosis Songs Fund Ltd revenues increased 35% to $85.3M.Net loss totaled $19.2M vs. income of $13M. Revenuesreflect an increase in demand for the Company's productsand services due to favorable market conditions. Net lossreflects Amortisation of Catalogues of Songs increase from$24.1M to $52.1M (expense), Loan interest increase from $2Mto $10M (expense).