F&c Investment Share Discussion Threads

[sutherlh] 09/3/2020 14:33

Given up all of the last years gain. About 10% discount to nav if you can believe the nav. H

[vacendak] 04/3/2020 15:56

Considering the likelihood that a communist entering the White House has gone down a bit after Super Tuesday, 50% or so of FCIT should indeed rebound once COVID-19 is behind us.

[sutherlh] 04/3/2020 13:15

Topped up yesterday, markets still very choppy but I think the US markets will ultimately return to their highs in maybe 6 to 12 months. FCIT with its US exposures should do similar (fingers crossed) H

[sutherlh] 29/11/2019 11:23

New high, let’s hope around 730 to 740 provides support. With the US market looking like it wants to melt up, FCIT could go a lot further (fingers crossed). H

[vacendak] 04/7/2019 18:12

The Private Equity stuff was mentioned back in late 2017.
See my post on the old FRCL thread, number 84.

[vacendak] 04/7/2019 14:14

I think it was in last year annual report, or the year before.
I can try to find it again, but if you download the PDFs and look for "Pantheon" it should show up.



This year they focused on talking up the ESG stuff... to look nice like everybody else.

[sutherlh] 04/7/2019 13:22

Thanks for that useful commentary Vacendak. Knew about the diverse portfolio and US weighing but not private equity fund involvement.

[vacendak] 04/7/2019 08:27

FCIT is meant to be reassuringly boring and is rightly advertised as a one-stop shopping solution. It is diversified in geography and strategy.

At nearly 500 holdings, it would be hard to get excited about any of them doing well or badly as would be the case with a fund holding only twenty.

The only comments would be on the strategy and the taste they have acquired for Private Equity endeavours of late. They used to get exposure through various Pantheon funds, but seem to have taken it more in house recently. Not many mention of that in the latest reports though.
I also like them being heavy America at around 50%.

I have a significant slice of it in my portfolio to act as a baseline, trying to see if my other choices beat FRCL on the long term.

[sutherlh] 04/7/2019 07:48

Ex div for 2.9p today, share price unchanged at moment, looking good nice and steady progress.

[sutherlh] 03/7/2019 17:04

News feed added. Not sure the level of interest in FCIT. Have it mainly in the grandkids junior ISAs and been very happy with its conservative and steady gains over the years. H

[vacendak] 01/7/2019 09:31

Video from the Chairman:

[finkwot] 28/6/2019 12:18

could you add the news feed? thanks

[vacendak] 28/6/2019 10:25

@suterlh

Thanks for that.