Individual Investors
Please select this option if you are an individual investor. The value of investments may go down as well as up and you may get back less than you originally invested.
proceed
Professional Investors
The information contained in these pages must not be used or relied upon by private investors. Please select this option only if you are a professional investor.
proceed
Alliance Trust Savings: Change of Ownership
Please note that, as of 28 June, Alliance Trust Savings (ATS) is owned by Interactive Investor Limited. If you have any questions about the sale of ATS and what it means for you, please visit ATS’ website*. If you’d like to stay up to date with the Trust’s performance or any news, please sign up below.
Visit ATS website Sign up
By clicking on the 'Visit ATS website' link above, you will be taken to a third party website.

*The brand names ‘Alliance Trust Savings’, ‘ATS’, ‘AT Savings’ and the ‘Alliance Trust Savings’ logo which may appear on ATS’ website are owned by and used with the permission of Alliance Trust PLC, being the previous owner of ATS.

Price and Performance

Find out more about our performance, with the help of market commentary from our Investment Manager. 

Latest available values
share price
Share price information throughout the site is provided by Investis. Updated every 15 minutes
nav per share
Net Asset Value (NAV) per share including income with debt at fair value. Source: BNYM Fund Services (Ireland) Limited. This information is updated only after the Company’s NAV has been announced so may not reflect the current NAV per share.
1089.8p
discount
Discount including income with debt at fair value. Source: BNYM Fund Services (Ireland) Limited. This information is updated only after the Company’s NAV has been announced so may not reflect the current discount.
6.2%
net yield
Annual dividend per share divided by share price. Source: BNYM Fund Services (Ireland) Limited
1.4%
total assets
Total income net asset value excluding prior charges. Source: BNYM Fund Services (Ireland) Limited
£3842.9
Price and Net Asset Value per share
Premium / Discount
Investment Manager's report August's Commentary

 

For the month of August, the Company’s Total Shareholder Return and NAV Total Return were 3.4% and 3.8% respectively, while the MSCI All Country World Index (ACWI) returned 3.6%.

Over the month, the Company’s most significant contributor to return was Nvidia Corporation, with an absolute return of 16%. The gaming and technology giant released strong second-quarter results, which were above consensus estimates in revenue and earnings, increasing market confidence in its long-term growth potential. In contrast, Visa Inc was the primary detractor from performance over August, with an absolute return of -6%. Persistent travel restrictions meant that the credit transaction facilitator continued to see reduced cross-border transaction volumes. Despite this, earnings for Visa Inc are expected to accelerate in the coming months given the return to normality globally, and therefore the Company’s stock pickers continue to have strong conviction in Visa and believe that there are significant gains to be made.

Within the Company’s portfolio, the position in HCA healthcare, the largest US public hospital provider, was exited as it approached the estimate of fair value. This was replaced with Cigna, another healthcare stock that provides a broad range of medical cover, from pharmacy services to dentistry to over 70 million people. XPO Logistics, a US transportation company, has thrived since March 2020 as the spin-off of their global contract logistics operation (GXO Logistics) unlocked significant value. As such, both XPO and GXO positions were sold given that the valuations had reached targets.  They were replaced with a new position in NRG Energy, a US retail electricity provider.



 

 

Monthly Factsheet Quarterly Newsletter Sign up for updates
Our awards
AIC Dividend Hero

We have been awarded the Association of Investment Companies’ Dividend Hero award and are proud to have increased our dividend every year for over 50 years, making us one of just four investment trusts to achieve this*. For more information and a full list of qualifying companies, you can visit the AIC’s website. * As at 30 June 2020.

More information