Portfolio Manager Factsheet
Many portfolio companies delivered trading updates or reported results during January. Share price reactions to the news from each company were mixed, but, genuinely, we were encouraged by them all. Amongst January fallers in the portfolio – all triggered by their reports - notable were Hargreaves Lansdown, Unilever and Pearson. Yet, to our mind, you don’t have to work too hard to see the bright side to what each company had to say.
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.