Report

Seneca Global Income & Growth Trust - Ongoing moves to a more defensive portfolio

Seneca Global Income & Growth Trust (SIGT) aims to generate an average total return of at least CPI +6% pa, with low volatility, over the course of a typical business cycle. It also aims to grow its annual dividend at or above the rate of UK inflation. SIGT’s manager seeks undervalued investments across a range of asset classes. It also uses tactical asset allocation (TAA) in the context of a longer-term strategic asset allocation (SAA). SIGT’s investment team continues to find interesting opportunities, researching niche assets that other managers may be unable to consider.
Underlying
Seneca Global Income & Growth Trust

Seneca Global Income & Growth Trust is an investment trust company. Co. invests in a diversified portfolio principally comprising U.K. and overseas equities, fixed income, property and other specialist assets. Co.'s investment manager is Seneca Investment Managers Limited. The valuation of the investment portfolio as at Apr 30 2017 was £72.9 million consisting of listed and unquoted investments.

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.

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Analysts
Mel Jenner

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