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Finsbury Growth & Income Trust (FGT)

Business description

FGT's investment objective is to achieve capital and income growth and provide shareholders with a total return in excess of that of the FTSE All-Share Index. FGT invests principally in the securities of UK quoted companies. Up to a maximum of 20%, at the time of acquisition, can be invested in quoted companies worldwide. FTSE 100 companies normally represent between 50% and 100% of the portfolio with at least 70% usually invested in FTSE 350 companies.

Share price chart

Share chart

Investment summary

Finsbury Growth & Income Trust (FGT) has put in a good performance during the past 12 months, outperforming its benchmark, the FTSE All-Share Index, by 9.5% and 11.9% in terms of NAV total return and price total return respectively. The fund has an experienced investment management team and uses a bottom-up strategy to invest in quality companies that are then held for the long term. FGT maintains a focused portfolio of 25-30 stocks, with low turnover, is moderately geared, and aims to have an above-average dividend yield.

Last updated on 23/03/2012

Key management

Nick Train, Fund manager

Company address

25 Southampton Buildings
London
WC2A 1AL
United Kingdom
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