7th Dec 2016 10:51
EQS-News: Edison Investment Research Limited / Key word(s): StudyEdison Investment Research Limited: Edison issues review on Foreign &Colonial Investment Trust (FRCL) 07-Dec-2016 / 11:50 GMT/BST --------------------------------------------------------------------------- London, UK, 7 December 2016 Edison issues review on Foreign & Colonial Investment Trust (FRCL) Foreign & Colonial Investment Trust (FRCL) is the oldest collectiveinvestment fund in the world, dating back to 1868. Manager Paul Niven aimsto generate long-term growth in capital and income by investing in a rangeof focused strategies run both by BMO Global Asset Management and externalmanagers. The portfolio is diversified by geography, sector and style; thetrust is overweight Europe ex-UK and emerging markets, and underweightNorth America. FRCL also invests in private equity. Gearing of up to 20% ofnet assets is permitted. FRCL has a progressive dividend policy; the annualdividend has increased in each of the last 45 consecutive years and,following the repayment of a longstanding debenture at the end of 2014,interest costs have declined meaningfully. FRCL's investment objective is to secure long-term growth in capital andincome through investing primarily in an internationally diversifiedportfolio of listed equities, as well as unlisted securities and privateequity, with the use of gearing. FRCL's benchmark is the FTSE All-WorldIndex. Click here to view the full report: http://www.edisoninvestmentresearch.com/research/report/foreign--colonial-investment-trust/preview/ All reports published by Edison are available to download free of chargefrom its websitewww.edisoninvestmentresearch.com About Edison: Edison is an international equity research firm with a teamof over 70 analysts, investment and roadshow professionals and works withboth large and smaller capitalised companies, blue chip institutionalinvestors, wealth managers, private equity and corporate finance houses tosupport their capital markets activity. Edison provides services to morethan 420 retained corporate and investor clients from offices in London,New York, Frankfurt, Sydney and Wellington. Edison is authorised andregulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investmentadvice. Edison's reports are not solicitations to buy or sell anysecurities. Contact details: Learn more at www.edisongroup.com and connect with Edisonon: LinkedIn www.linkedin.com/company/edison-investment-researchTwitter www.twitter.com/Edison_Inv_ResYouTube www.youtube.com/edisonitv --------------------------------------------------------------------------- Dissemination of a UK FINANCIAL NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- End of Announcement - EQS News Service --------------------------------------------------------------------------- 527635 07-Dec-2016corporate-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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F&C Investment Trust