Finsbury Growth & Income Trust is a UK based investment fund. It was founded in 1926 and is headquartered in London. This investment fund invests in the securities of UK listed companies, and it is publicly listed on the London Stock Exchange. It is also a part of the FTSE 250 index. The main goal of the company is income and capital growth while providing maximum returns to the shareholders, which are more than the FTSE all-share index. The portfolio manager of the company is Lindsell Train Limited. It was co-founded by Nick Train, who is the portfolio manager for UK equity portfolios and jointly manages Global portfolios. The portfolio has a heavy emphasis on branded consumer goods and services (Diageo, Unilever, AG Barr), media (Pearson, Sage) and financial services (London Stock Exchange Group, Schroders, Rathbones, Hargreaves Lansdown).
The company follows a well-defined investment policy of mainly investing in the securities of listed companies in UK. The companies should be incorporated, domiciled, or have sufficient and notable business operations in UK. But also, at the time of acquisition, up to 20% of the portfolio of the company can be invested in listed companies in rest of the world too. There are around 30 investments in the portfolio of the company. The investments are made across various sectors, like technology, telecom, media, food and beverages, consumer goods as well as services, healthcare facilities, utilities, basic materials, softwares and computer services, financial services, travel and leisure, personal goods, and other related industries.
It is an FCA registered company with zero-tolerance approach to the criminal facilitation of tax. The company isn’t aligned with the Modern Slavery Act, 2015 as it has no employees, and it directly works with professional firms who provide the assurance of operating with the legislation. The company is associated with good corporate governance and fulfilling its social and environmental responsibilities. The evaluation of ESG factors is a natural part of their investment process as they don’t invest in capital intensive industries like mining, or companies involved in extraction of resources like coal and oil which harm the environment. The company also doesn’t invest in socially harmful industries like manufacturing arms, tobacco etc. The aim strives for long term and sustainable growth while maximizing the benefits for all stakeholders.
Finsbury Growth & Income Trust PLC 25 Southampton Buildings LONDON WC2A 1AL United Kingdom GBR
+44 203 008 4910