Trustnet Magazine 64 July 2020 | Page 20

Advertorial feature 20 / 21 Given that the average company is unlikely to grow at more than 5% over the long run, the returns from a business growing at 10%, compounding year after year after year, can be very meaningful profit-and-loss account in driving long-term returns. As a result, the team always looks to the left of the decimal point. Growth And finally, growth. The Trust doesn’t invest its shareholders’ capital in clever financial market instruments but in real, return-generating activities. TRUSTNET