Alliance Trust PLC Alliance Trust Plc - Change In Investment Objective And Policy

 
TIDMATST 
 
 
   25 April 2019 
 
   Alliance Trust PLC 
 
   Change of Investment Objective and Policy 
 
   The Board of Directors of Alliance Trust PLC (the "Trust") wishes to 
announce that with effect from 25 April 2019 shareholders have approved 
changes to the wording of the Trust's Investment Objective and Policy. 
 
   The changes in wording that were approved are: 
 
 
   -- To explain that the Trust will continue to primarily invest in global 
      equities and to have as its objective that it shall be a core investment 
      delivering a real return over the long term through capital growth and a 
      rising dividend. 
 
   -- To explain that through our investment manager we appoint a number of 
      stock pickers with different styles and approaches who each select and 
      invest in equities across a wide range of different sectors and 
      industries for our portfolio. 
 
   -- To make clear that we will continue to achieve an appropriate spread of 
      risk by holding a diversified portfolio with no single investment 
      exceeding 10% (at the time of investment) of the Trust's total assets. 
 
   -- To confirm no change to our use of gearing which will continue to be a 
      maximum of 30% of the Trust's net assets and that derivatives can be used 
      to hedge, enhance and protect positions. 
 
 
   The full text of the Investment Objective and Policy can be found on the 
Trust's website www.alliancetrust.co.uk 
https://www.globenewswire.com/Tracker?data=Q0CVa2HUwkLkX7UzduxDd6hvS-LtuqJvWveD7BziGktVzaL-sVDScpQJwLSH1WqeGr8rMeLQt-It8lRlviwhMw== 
 
 
   Alliance Trust PLC 
 
   01382 321010 
 
 
 
 
 
 

(END) Dow Jones Newswires

April 25, 2019 08:40 ET (12:40 GMT)

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