The investment objective of providing Shareholders with an attractive real long-term total return by investing globally in undervalued securities was extended by enabling investment also in other financial assets. The investment policy was also amended to permit investment in a diversified portfolio of equity and equity-linked securities (both listed and unquoted), investments in other investment companies and funds which provide exposure to a wide range of financial asset classes and to allocate a portion of portfolio assets to be managed by one or more specialist investment sub-advisors.
Global Opportunities Trust plc is a self-managed investment trust.
In financial years where there is a surplus, the Directors are obliged to declare dividends in order for the Company to comply with the rules relating to investment trusts, which provide that an investment trust is not able to retain in excess of 15% of its income from shares and securities. In such event, the Directors may pay an interim dividend (if it appears to the Directors to be justified by the financial position of the Company at the relevant time) and/or pay a final dividend after the relevant AGM of the Company.