Portfolio Manager Factsheet
By the end of October 2018 the 10 biggest companies in the FT All-Share Index by market capitalisation offered between them an average historic dividend yield of a fraction under 5%. Share buybacks by Diageo, Unilever, RELX, Mondelez, Burberry and Barr – help explain why the starting dividend yield for your company is so much lower than for the FT All Share.
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.