Edison Investment Research - FC INVESTMENT TRUST PLC (FCIT) Review: Globally diversified and actively managed

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Edison Investment Research

Review: Globally diversified and actively managed

Foreign & Colonial Investment Trust (FRCL) is a large, globally diversified fund investing directly and through funds in listed and private equity using specialist sub-managers, aiming to achieve long-term growth in capital and income. Performance has improved over the last year while manager Paul Niven has completed the portfolio rebalancing started in 2013. NAV total returns are ahead of the benchmark and the global sector average over one, three, five and 10 years with a narrowing discount lifting total shareholder returns. The board has indicated a 45th consecutive annual dividend increase in 2015 to 9.6p giving a 2.2% prospective yield.

20/08/2015 8 EN

Underlying

F&C INVESTMENT TRUST PLC

Foreign & Colonial Investment Trust is an investment trust company investing primarily in an international portfolio of publicly listed equities, as well as unlisted securities and Private Equity. Co. is managed by F&C Investment Business Limited, which also acts as the Alternative Investment Fund Manager.

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GB0003466074 London Stock Exchange United Kingdom

Provider

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.

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Review: Globally diversified and actively managed

F&C Investment Trust - Attractive long-term total returns

F&C Investment Trust - New name, same tried-and-tested approach

F&C Investment Trust - Still going strong after 150 years

Information Services Corporation - Strong underlying growth, guidance reiterated

PVA TePla - Material matters

Zalaris - Continuing contract momentum in FY24

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