Investment Trusts

Finsbury Growth & Income Trust PLC

FGT:LSE

Finsbury Growth & Income Trust PLC

  • Price (GBX)830.69
  • Today's Change0.69 / 0.08%
  • Shares traded71.76k
  • 1 Year change-9.21%
  • Beta0.6838
Data delayed at least 20 minutes, as of May 03 2024 10:00 BST.
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Profile data is unavailable for this security.

About the company

Finsbury Growth & Income Trust PLC is a United Kingdom-based investment trust company. The Company’s investment objective is to achieve capital and income growth and to provide shareholders with a total return in excess of that of the FTSE All-Share Index. The Company’s investment policy is to invest principally in the securities of companies either listed in the United Kingdom or otherwise incorporated, domiciled or having significant business operations within the United Kingdom, whilst up to a maximum of 20% of the Company’s portfolio. The portfolio normally comprises up to 30 investments. The Company invests approximately 15%, in aggregate, of the value of the gross assets of the Company in other listed closed-ended investment companies. The Company invests in a range of sectors, which includes consumer discretionary, consumer staples, financials, technology, and industrials. The Company’s alternative investment fund manager is Frostrow Capital LLP.

  • Revenue in GBP (TTM)143.71m
  • Net income in GBP128.86m
  • Incorporated1926
  • Employees0.00
  • Location
    Finsbury Growth & Income Trust PLC25 Southampton BuildingsLONDON WC2A 1ALUnited KingdomGBR
  • Phone+44 20 3008 4910Fax+44 20 3043 8889
  • Websitehttps://www.finsburygt.com/
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Profile

Management group(s)Lindsell Train Ltd
AIC sectorUK Equity Income
ISINGB0007816068
Launch date15 Jan 1926
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company’s investment policy is to invest principally in the securities of companies either listed in the UK or otherwise incorporated, domiciled or having significant business operations within the UK. Up to a maximum of 20% of the Company’s portfolio, at the time of acquisition, can be invested in companies not meeting these criteria.

Managed by

Nick Train

Management & contract fees

Lindsell Train receives a periodic fee at a rate of 0.45% p.a. of the market cap of GBP 1bn, and 0.405% in excess of GBP 1bn up to GBP 2 bn, and 0.36% in excess of GBP 2 bn. The Portfolio Management Agreement may be terminated by either party giving notice of not less than 12 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Aberforth Smaller Companies Trust plc114.86m99.04m1.22bn0.001.22bn0.00
Hipgnosis Songs Fund Ltd119.14m-106.39m1.27bn39.001.27bn39.00
Sequoia Economic Infrastrctr Incm Fd Ltd105.91m95.12m1.29bn0.001.29bn0.00
Allianz Technology Trust PLC429.01m420.20m1.33bn0.001.33bn0.00
Bankers Investment Trust PLC79.14m64.56m1.33bn0.001.33bn0.00
BH Macro Ltd150.69m53.06m1.39bn0.001.39bn0.00
Nationwide Building Society12.29bn1.66bn1.40bn13.97k1.40bn13.97k
Finsbury Growth & Income Trust PLC143.71m128.86m1.53bn0.001.53bn0.00
Pantheon International PLC-14.34m-54.32m1.53bn0.001.53bn0.00
Murray International Trust plc151.47m131.85m1.54bn0.001.54bn0.00
Witan Investment Trust plc206.42m181.48m1.57bn6.001.57bn6.00
Fidelity European Trust PLC262.10m238.69m1.59bn0.001.59bn0.00
Personal Assets Trust PLC39.06m20.74m1.66bn0.001.66bn0.00
JPMorgan American Investment Trust PLC329.10m318.32m1.75bn0.001.75bn0.00
Templeton Emerging Markets Inv Trust plc199.29m167.88m1.77bn0.001.77bn0.00
Mercantile Investment Trust PLC97.69m75.21m1.78bn0.001.78bn0.00
Data as of May 03 2024. Currency figures normalised to Finsbury Growth & Income Trust PLC's reporting currency: UK Pound GBX
Data Provided by LSEG
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