Law Debenture : LWDB

Law Debenture is an unusual animal in that, as well as being a global equity investment trust, it owns a independent fiduciary business,  a separate trading company that makes its money by being the corporate trustee for a variety of structures (like corporate bonds and pension funds) and also has various corporate governance, whistle-blowing, escrow and corporate services business. the profits from this business go to boost Law Debenture’s dividend and the value that investors put on this usually helps Law Debenture to trade at a premium to net assets.

Law Debenture’s equity portfolio aims to achieve long term capital growth in real terms and steadily increasing income. The aim is to achieve a higher rate of total return than the All Share Index through investing in a portfolio diversified both geographically and by industry.

You can access the company’s website here