|Finsbury Growth and Income Trust
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Finsbury Growth Share Discussion Threads
Showing 26 to 45 of 50 messages
|Stumbled across a good article from WhichInvestmentTrust.com :
Pleased to hear that Nick Train has no intention of hanging up his boots any time soon...|
|Interesting new webcast by NT on the Finsbury website. Sounding very positive for FGT, and some of its largest holdings such as ULVR, DGO and Heineken. Also talks of the strong dividend growth for the majority of FGT's portfolio so far this year (60% increased by 5-10%, 25% by more than 10%!). Hopefully this will translate into a growing FGT dividend too.|
|600+ broken! Well done NT.|
|joined you here topvest, like NT|
|This investment trust is a pretty good performer. Over the last few years, Nick Train has sold Marston's and Lloyd's Bank preference shares, but only added to existing holdings. As far as I can see he has not invested in ANY new companies for the portfolio. A refreshing change for a fund manager. That's what you call a small and focused portfolio!!|
|Hi Bill! A quiet BB here, but that's usually the sign of a quality share.
We're in good company with Nick topping up on the 10th too, but nevertheless the market keeps relentlessly dragging FGT down with it (closing at a low of around 471 tonight). Difficult to be positive with the markets in their current mood, but I've cash on the sidelines and will add more FGT to my SIPP if we fall much further, as it s a perfect long term investment in my eyes.|
|Another director (Neil Collins) bought some shares today. They clearly think the current weakness in the shares won't last.|
|I see that Nick Train bought 10,000 shares today. He obviously thinks the shares are good value at this level. I've been adding a few today as well.|
|Topped up this morning at 486 in my SIPP on the back of the price dip and rare opportunity to buy FGT at a discount to NAV. Market could have further to fall and drag this down with it, but over the timespan I'm looking at, hopefully shouldn't be an issue.|
|Nick Train Find Mngr specialising in top brand products from FTSE companies ie Unilever,Reckitt,Pearson,Diageo,also Heinekin companies involved in exports to Asia etc and also psys areasonable dividend around 3% doing well.|
|Oriel research note:
|Quite agree !|
|Continues to do well this investment trust under the management of Nick Train. One to hold long term.|
|A Record Second To None
FINSBURY GROWTH & INCOME TRUST'S LONG-TERM RECORD IS SECOND TO NONE
Finsbury Growth & Income Trust has a highly concentrated portfolio of just 26 stocks and is more cyclically focused than other's, and features financial services companies Schroders and Rathbones, as well as consumer goods firms such as Heineken and Kraft Foods, in its top-10 holdings.
It is generally more volatile and tends to outperform in down markets; however, it more than makes up for this during up periods and its long-term record is second to none.
According to FE data, it has returned 234.96 per cent over 10 years almost 50 per cent more than its closest equity income rival.
Here's some links about SCLP, one of the hottest stocks at the moment:
|MoneyWeek model portfolio:
|I thought that I would start a thread on this uk income and growth trust. I've recently added a few as I think Nick Train appears to have a solid investment record. The trust has extremely low stock turnover and Nick Train employs a "Buffet for the UK" investment strategy. Made a bit of a mistake on Lloyds and a couple of other pub groups, but otherwise looks reasonably sound as a long term portfolio.
Anyone else hold?|
|I am very sorry about that. I was trying to create a discussion thread for Forest Gate Resources (TSX:FGT).|