Report

Update: A short stock list with a long investment horizon

Finsbury Growth & Income Trust (FGT) is a concentrated portfolio of mainly UK stocks chosen for their enduring quality and total return potential. Manager Nick Train takes a very long-term view and has made no new purchases or full exits in the past year, although significant share issuance has allowed him to top up holdings in certain stocks. While not targeting a high income, the trust increased its dividend by 7.6% in FY14. Performance has been strong and FGT is ranked first for NAV total return over five and 10 years in the AIC’s UK Equity Income sector.
Underlying
Finsbury Growth & Income Trust PLC

Finsbury Growth & Income Trust is an investment trust company. Co.'s investment policy is to invest principally in the securities of U.K. listed companies, whilst up to a maximum of 20.0% of its portfolio, at the time of acquisition, can be invested in quoted companies worldwide. The portfolio will normally comprise up to 30 investments. Co. has appointed Frostrow Capital LLP (Frostrow) as alternative investment fund manager to provide company management, company secretarial, administrative and marketing services. Co. and Frostrow have jointly appointed Lindsell Train Limited as portfolio manager.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch