Foreign & Colonial Investment Trust (FRCL)

Business description

FRCL's investment objective is long-term growth in capital and income from a portfolio of primarily listed global equities, but also including unlisted investments. FRCL's blended benchmark index is a composite of 40% FTSE All-Share Index and 60% FTSE World ex-UK Index until 31 December 2012 and 100% the FTSE All-World Index thereafter. Gearing and the management of liabilities are important elements of FRCL's strategy.

Stock data

Market cap.£3256.6m
Last close600.00p
High / Low (52 weeks)618.5p / 499.8p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Foreign & Colonial Investment Trust

Wed, 08 Mar 2017 14:37:30 GMT

Investment Trust Watch: 'cheap' Foreign & Colonial

Fri, 17 Jun 2016 13:55:11 GMT

Foreign & Colonial: manager moves on after 17 years

Fri, 07 Mar 2014 19:05:03 GMT

Who's the daddy? Foreign & Colonial Investment Trust plc is on a 10-year high

Tue, 07 Mar 2017 14:59:55 GMT

Foreign & Colonial Investment Trust: Fund set for fresh divi rise after new ...

Sun, 19 Oct 2014 14:37:51 GMT

Investment summary

Foreign & Colonial Investment Trust (FRCL) is the world’s oldest investment fund, heading towards its 150th birthday. Since 2014, it has been managed by Paul Niven, aiming to generate long-term growth in capital and income from a very broad portfolio of primarily listed global equities, although c 7.5% is invested in private equity. The manager is benchmark aware, but takes active positions versus the index allocations. FRCL has a progressive dividend policy; the board has proposed another annual dividend increase for FY17, which will be the 47th consecutive year. The trust’s NAV has outperformed its benchmark over one, three and 10 years, while performing broadly in line over five years.

Last updated on 04/09/2017

Key management

Simon Fraser, Chairman

Company address

Exchange House
Primrose Street
London
EC2A 2NY
United Kingdom
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