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 above that of the FTSE All-Share Index. It invests principally in the securities of UK-quoted companies, but up to a maximum of 20% can be invested in non-UK-quoted companies at acquisition. FTSE 100 companies normally represent 50-100% of the portfolio, with at least 70% usually invested in FTSE 350 companies.

Stock data

Market cap.£1206m
Last close754.50p
High / Low (52 weeks)760.0p / 614.5p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Finsbury Growth & Income Trust plc - technology will drive economies and stock ...

Thu, 22 Dec 2016 11:03:45 GMT

Finsbury Growth & Income: Nick Train Dismisses Brexit Risk

Mon, 01 Aug 2016 10:30:00 GMT

Finsbury Growth & Income: Nick Train Buys First New Stock in 4 Years

Thu, 04 Feb 2016 14:09:23 GMT

Chartists Placing Finsbury Growth & Income Trust Plc (FGT.L) on Their Radar

Mon, 23 Oct 2017 12:00:00 GMT

Trust Insider: how Nick Train has revolutionised Finsbury Growth

Mon, 16 May 2016 23:05:02 GMT

Investment summary

Finsbury Growth & Income Trust (FGT) has been managed by Nick Train since 2000; he runs a concentrated portfolio of 25-30 primarily UK equities, aiming to generate growth in capital and income. Despite a period of underperformance in CY16, as result of the outperformance of cyclical companies where FGT has minimal exposure, its performance track record remains intact. It has outperformed its benchmark, the FTSE All-Share index, over one, three, five and 10 years. FGT has a progressive dividend policy and the 2016 annual dividend was increased by 8.3% versus the prior year. As a result of continued capital appreciation and investor demand, FGT’s assets under management now exceed £1bn.

Last updated on 09/05/2017

Key management

Anthony Townsend, Chairman
Nick Train, Fund manager

Company address

25 Southampton Buildings
London
WC2A 1AL
United Kingdom
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