IN BRIEF: Lindsell Train trust underperforms index, proposes defences
9th Jun 2026 11:44
Lindsell Train Investment Trust PLC - investment trust created by Michael Lindsell and Nick Train and managed by Lindsell Train Ltd that invests for long-term total returns while maintaining real purchasing power of capital in sterling terms - LTIT says it "materially" underperformed its benchmark index in the financial year that ended March 31, as its net asset value falls. NAV per share at the end of March is 716.1 pence, down 25% from 952.1p a year earlier. NAV total return for the financial year is minus 21%, compared to a 16% gain for its benchmark, the MSCI world index in sterling. Read More