20+ years of continuous dividend growth
Strong company fundamentals are of central importance in building the portfolio. As part of his fundamental analysis of a company, this experienced fund manager asks a number of questions: Is it a good company? Is the management team on the shareholder’s side? What is the dividend yield and will it grow? Are the shares attractively valued?
Together with a focus on a number key themes – Industrial and support services, UK Domestic value, International opportunities, and Regulated utilities – appropriate use of gearing is used to potentially enhance returns.**
** Gearing: the trust can borrow money in order to buy more assets. This can increase returns but can also magnify losses.
Ciaran describes his investment philosophy and why it’s more about picking the shares that go in the portfolio than about taking big economic views.
* GT Income Growth Trust plc was launched in March 1996 as the successor investment trust to USDC investment trust plc. On 3 July 2000, shareholders approved resolutions to change the investment trust’s name to Invesco Income Growth Trust plc.
|Ordinary Share Price||-7.8||16.2||-3.7||1.2||-13.6|
|Net Asset Value||-1.6||15.6||-3.9||5.7||-17.3|
|FTSE All-Share Index||-3,9||22.0||1.2||6.4||-18.5|
Past performance is not a guide to future returns. Ordinary share price performance figures have been calculated using daily closing prices with dividends reinvested. NAV performance figures have been calculated using daily NAV with dividends reinvested. The NAV used includes current period revenue and values debt at fair. The FTSE All-Share Index performance shown is total return. All performance figures are in sterling as at 31 March 2020 unless otherwise stated. Standardised past performance figures are updated on a quarterly basis. Source: Morningstar.
If you are interested in investing in Investment Trusts, there are a variety of ways in which you can invest. How you do, is entirely up to you. For further details, simply click below.How do I invest?
The Company’s investment objective is to produce income and capital growth superior to that of the UK stock market and dividends paid quarterly that, over time, grow above the rate of inflation.
When you interact with us, we may collect information about you which constitutes personal data under applicable laws and regulations. The Trust privacy notice explains how we use and protect your personal data.