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Brunner Investment Trust (The) (BUT)

Business description

The Brunner Investment Trust aims to provide growth in capital value and dividends over the long term through investing in a portfolio of UK and international securities. Since 25 March 2008, the benchmark has been a composite of 50% FTSE All-Share and 50% FTSE World Index (ex UK £).

Stock data

Market cap.£321.1m
Last close752.00p
High / Low (52 weeks)814.0p / 681.0p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment trusts

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Company news

Brunner managers refresh trust but deep discount remains

Wed, 01 Apr 2015 15:33:45 GMT

Investment Trust Watch: Questor shakes up shares

Fri, 21 Apr 2017 12:20:20 GMT

Lucy Macdonald to run Brunner trust after manager exit

Thu, 23 Jun 2016 14:48:45 GMT

Investment Trust Watch: 6 trusts under Aviva's shadow

Fri, 10 Jun 2016 13:58:17 GMT

10 trusts with over 40 years of dividend growth

Tue, 08 Mar 2016 09:56:15 GMT

Investment summary

The Brunner Investment Trust (BUT) is now a much more focused global equity proposition compared with mid-2016: there is a single manager, running a single portfolio (rather than one UK and one overseas), performance has improved and the board has paid off the trust’s longstanding, high-cost debt. Manager Lucy Macdonald believes that the investment cycle is mature, characterised by peak levels of liquidity, earnings growth and equity valuations, suggesting investors should gravitate towards quality companies that can generate above-average returns on investment. BUT has a distinguished dividend track record; its annual distribution has increased for the last 46 consecutive years.

Last updated on 15/11/2018

Latest video

Executive Interview - The Brunner Investment trust

Key management

Lucy Macdonald, Fund manager
Carolan Dobson, Non- Executive Director

Company address

199 Bishopsgate
London
EC2M 3TY
United Kingdom
0800 389 4696
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