Portfolio Manager Factsheet

August 2016

Things settling down in the aftermath of a fraught period.  No clear themes or stories over the month.  Therefore I provide at random some facts or observations gleaned over the summer that strike me as interesting or important. Of the 30 companies in the Dow Jones when Warren Buffett took over at Berkshire Hathaway in 1964, only 3 remain.  If the Dow had done as well as Berkshire since then, it would today be trading not at 18,500 but at 11,534,000.

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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.