DIVERSE INCOME TRUST PLC

Description

Diverse Income Trust plc is a UK-based close-ended investment company. It was founded in the year 2011 and its headquarters are situated in Exeter, UK. The investment objective of the company is to build a high quality and diversified portfolio, and enhance the dividend and long-term capital growth to maximize the risk-adjusted return for its shareholders. The investments done by the trust are mainly in companies quoted or traded in the UK, and a majority of these are in small and mid-cap equities. Although this long-term bias of the company exists, it still invests in some large cap companies to increase the shareholder value and enhance the quality of the investment portfolio. These include investments in the companies that fall under FTSE 100 index too. It may use a range of derivative instruments, like options, index-linked notes etc. for better portfolio management and investment purposes. The investments in the portfolio are done by the company in a wide range of sectors, which includes healthcare, financial, telecommunications, technology, consumer goods and services, energy and utility etc.

Premier Milton Group is the fund manager of Diverse Income Trust plc, which is regulated by the Financial Conduct Authority. It was formed in 2019 with the merger of Premier Asset Management Group plc and Miton Group plc. It is involves in active asset management and ensures long-term income growth and wealth preservations for investors. It acts as a responsible investment manager and considers all the environmental, social, and governance factors in its investment process on behalf of its clients. It aligns its investment objectives with the United Nations Sustainable Development goals, to create a positive impact on the society while maximizing its financial returns.

Diverse Income Trust plc follows a well-defined framework of corporate governance and aligns itself with the UK Corporate Governance Code. It has an ethical code of conduct for running its business activities. It promotes the culture of trust, transparency and accountability while upholding its business values. It fulfils all its responsibilities as a good corporate citizen and tries to create a positive impact on the society while generating value for the shareholders of the company.