Trustnet Magazine 64 July 2020 | Page 38

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