Portfolio Manager Factsheet
The top three contributors last month were UK financials, or in our terminology – market proxies. LSE, Hargreaves Lansdown and Schroders – each up over 5%. The LSE remains a very valuable strategic asset amongst global exchanges, gains in LSE shares say is that sizeable secular UK growth companies are rare and increasingly valuable in a low inflation world.
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.