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Finsbury Growth & Income Trust plc (FGT) Ordinary 25p Shares

Sell:864.00p Buy:865.00p 0 Change: No change
FTSE 250:0.11%
Market closed Prices as at close on 18 April 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:864.00p
Buy:865.00p
Change: No change
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 18 April 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:864.00p
Buy:865.00p
Change: No change
Market closed Prices as at close on 18 April 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The company aims to achieve capital and growth and to provide shareholders with a total return in excess of that of the FTSE All-Share Index (the benchmark of the company). The company aims to invest principally in the securities of UK listed companies, whilst up to a maximum of 20% of the portfolio, at the time of acquisition, can be invested in quoted companies worldwide. It is company policy to invest no more than 15% of its GA in other closed ended investment companies (including investment trusts).
Sector Weight
Consumer Defensive 41.12%
Consumer Cyclical 28.92%
Financial Services 25.59%
Technology 5.97%
Healthcare 0.01%
Basic Materials 0.00%
Industrials 0.00%
Country Weight
United Kingdom 84.26%
United States 8.03%
Netherlands 5.68%
France 3.57%
Japan 0.07%
Italy 0.00%

Fee Structure

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

Dividend Policy

The company aims to increase or at least to maintain the total dividend. Dividend is typically paid in May and November in lieu of a final dividend. The level of dividend growth is dependent upon the growth and performance of the companies within the investment portfolio. All dividends are distributed from revenue reserves.

ASSET SPLIT

Total number of holdings: 25.

Trust Manager

Nick Train

Manager Bio

Nick Train co-founded Lindsell Train Limited in 2000. He is the portfolio manager for UK equity portfolios and jointly manages Global portfolios. Before founding Lindsell Train he was head of Global Equities at M&G Investment Management, having joined there in 1998 as a director. Previously he spent 17 years (1981 – 1998) at GT Management which he left soon after its acquisition by Invesco. At his resignation he was a director of GT Management (London), Investment Director of GT Unit Managers and Chief Investment Officer for Pan-Europe. Nick has a BA honours degree in Modern History from Queen’s College, Oxford.

Board Of Directors

Anthony Townsend Chairman, Lorna Tilbian, Simon Hayes, David Hunt, Neil Collins, Katherine Cornish-Bowden

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.