Portfolio Manager Factsheet
There were three double digit gainers in the portfolio this month – Burberry, Remy Cointreau and Manchester United. Daily Mail ended the month down 1%. At one point though it was up 15% on the month. The switchback reflects the good news that its 30%-owned subsidiary Zoopla has received a bid.
Finsbury Growth & Income Trust PLC conducts its affairs so that its shares can be recommended by independent financial advisers (IFAs) to retail private investors. The shares are excluded from the Financial Conduct Authority's (FCA's) restrictions which apply to non-mainstream investment products because they are shares in a UK-listed investment trust.