We have always focused on finding the very best opportunities for every generation. Since 1888, we have been investment pioneers, starting when our founders helped the original farmers on the Old Oregon trail.
Today we’re one of the UK’s oldest and largest investment trusts, with assets in excess of £3bn.*
*As at February 2021.Investing for generations
We are a FTSE 250 company, listed on the London Stock Exchange and headquartered in Dundee
Our commitment to you
To deliver real returns for our shareholders over the long-term, for every generation of investor
Our investment goal
Our target is to outperform the MSCI All Country World Index (ACWI) by 2% per year after costs over rolling three-year period
We have appointed a world-class investment manager, Willis Towers Watson (WTW), which is responsible for selecting our Stock Pickers and managing the portfolio including risk. Our Stock Pickers are tasked with finding the best investment opportunities from across the world.
Our actively managed global equity portfolio
Our investment manager with a broad range of resources worldwide
Our Stock Pickers whose best ideas make up our portfolio
Investment trusts, by nature, enjoy benefits other investments don’t. And, as a rule, they typically outperform unit trusts over time.**
**A study by Canaccord Genuity (June 2017) for the Association of Investment Companies (AIC) demonstrated that, on average, investment trusts outperformed open-ended funds in terms of shareholder total returns in 7 out of 10 cases over 5 years, and 9 out of 10 cases over 10 years to 30 June 2017. The margin for outperformance occurred in 10 core sub-sectors and was significant in many cases.
Our aim is to provide real, long term returns and continue delivering a rising dividend year after year as we have done for more than 50 years. The chart below shows our track record of year-on-year ordinary dividend growth. If you had invested £100 at the start of 1968, you would have £21,806 at the end of 2020 if you reinvested your dividends, and you’d have £5,363 if you did not.
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