UIL Limited, formerly Utilico Investments Limited, is a closed end investment company. The Company is engaged in investing the pooled funds of its shareholders in accordance with its investment objective and policy, generating a return for shareholders and spreading the investment risk. Its investment objective is to maximize shareholder returns by identifying and investing in investments across the world where the underlying value is not reflected in the market price. It seeks to meet its investment objective by investing principally in a portfolio of both listed and unlisted companies. It may invest in other investment companies or vehicles, including any managed by the investment managers, where such investment would be complementary to the Company's investment objective and policy. It invests in a range of sectors, including gold mining, technology, financial services, and oil and gas. ICM Investment Management Limited and ICM Limited are the investment managers of the Company.