The managers, James Anderson and Tom Slater run a conviction portfolio of around 70 shares. The result is a portfolio dominated by big holdings in some of the companies involved in the new world of social media, the internet, healthcare, eco-friendly energy and gene therapy.
|3 Yr Performance (click to enlarge)|
Over the past ten years, the trust has delivered a return of 302% (second only to Linsell Train) compared to 148.7% for the All-World index. Although this is essentially a global growth trust, it is worth noting it has increased its dividend every year for the past 33 years. However, due to the share price appreciation, the current yield is 0.8% (about the same as an average savings account!).