Trust
FACT BOX
MANAGERS : Ian Lance & Nick Purves / LAUNCHED : 24 / 06 / 1926 / DISCOUNT / PREMIUM : -6 % / OCF : 0.49 %
CROWN RATING
point could be made for energy over technology ,” he said . “ The change from a deflationary to an inflationary environment could presage the return to the outperformance of value over growth , particularly given the dispersion in valuations between the two is nearly as wide as it has ever been .” Scott Spencer , investment manager in the multi-manager team at
Columbia Threadneedle , is a fan of the managers ’ strategy . “ The focus on both the longer term as well as the underlying fundamental quality of the companies helps to provide comfort over the more shorter-term nature of other market participants ,” he said . Temple Bar Investment Trust currently trades at a 6 % discount and is yielding 4.1 %.
Performance of trust vs sector and index under managers
Temple Bar Investment Trust ( 53.8 %)
IT UK Equity Income ( 29.5 %)
FTSE All Share ( 27.7 %)
100 % |
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80 % |
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60 % |
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40 % |
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20 % |
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0 % |
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-20 % |
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Nov20 |
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Jan22 |
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Source : FE Analytics
Issue 88 - October 2022 / 53 /