Overview
F&C Investment Trust was founded in 1868 as the first ever investment trust with the purpose of providing the investor of more moderate means access to the same opportunities and advantages as the very largest investors.
Its purpose today is essentially unchanged and is to provide a diversified, convenient and cost effective global investment choice to meet the longer term investment needs of investors large or small.
Its objective is to achieve long-term growth in capital and income through a policy of investing primarily in an internationally diversified portfolio of publicly listed equities, as well as unlisted securities and private equity, combined with the use of gearing.
Its approach is designed to obtain the investment performance benefits from a range of individually concentrated global and regional portfolios alongside the diversification benefits of lower risk and lower volatility achieved by managing these portfolios in combination. It offers a globally diversified portfolio of growth assets.
You can access the company’s website here
FCIT : F&C Investment Trust
Fundamentals
Price
Research History
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03 Jul 2020 2 min read
QuotedData’s weekly roundup 3 July 2020
James Carthew’s weekly news roundup show for Friday, 3 July, covers the demise of Aberdeen Frontier Markets, good results from Civitas Social Housing, updates on Syncona, NextEnergy Solar and Gore Street Energy Storage, comment on discount and share price moves from Andrew McHattie, and an interview with Paul Niven, manager of F&C Investment Trust. Listen […]
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07 Aug 2019 7 min read
QuotedData’s economic roundup – August 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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15 Aug 2018 2 min read
QuotedData’s Economic round up – August 2018
QuotedData’s Economic round up – August 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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03 Aug 2017 3 min read
QuotedData’s economic round up – August 2017
QuotedData’s economic round up – August 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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12 Jul 2017 2 min read
QuotedData investment companies roundup – July 2017
QuotedData investment companies roundup – July 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2017. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised in July Newly launched in June were […]
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10 Apr 2017 1 min read
QuotedData’s round up of views on the global economy – April 2017
A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the companies mentioned. Kindly sponsored […]
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14 Feb 2017 1 min read
QuotedData investment companies roundup – February 2017
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2017. Kindly sponsored by Baillie Gifford. February Investment Companies Roundup
News
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27 Jul 2020 5 min read
F&C could deliver another dividend increase
Global sector company, F&C (FCIT), has reported its interim results to 30 June 2020. The company’s growth and income mandate is carried out through investments in public markets, unquoted investments and private equity. With a market cap of £3.8bn, it is amongst the largest closed-end investment companies and was the first investment trust to launch, back […]
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16 Mar 2020 3 min read
F&C reports annual results and update on covid-19
Global sector company, F&C (FRCL), has reported its annual results to 31 December 2019. The company’s growth and income mandate is carried out through investments in public market, unquoted investments and private equity. With a market cap above £3bn, it is among the largest closed-end investment companies and was the first investment trust to launch, […]
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29 Jul 2019 1 min read
QuotedData’s other news 29 July 2019
In QuotedData’s other news 29 July 2019 F&C Investment Trust is 2% behind its benchmark at the half-year stage with a return of 14.4% against 16.4% for the All-Share index. Returns were held back by the private equity investments, which returned -1.4%. The first interim dividend is 2.9p. RDI REIT has secured a number of significant […]
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02 Apr 2019 1 min read
F&C agrees long-term fixed rate funding
F&C agrees long-term fixed rate funding – F&C Investment Trust has agreed to issue a number of fixed rate senior unsecured private placement notes: EUR42 million for seven years at a coupon of 0.93% GBP57m for 23 years at a coupon of 2.59% GBP37m for 30 years at a coupon of 2.69% GBP20m for 40 years […]
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12 Mar 2019 2 min read
Contrasting fortunes of F&C and Witan in 2018
F&C Investment Trust has reported an NAV total return of -3.3% for 2018, marginally better than its benchmark’s -3.4% return (it uses the All-World Index). Shareholders benefited from a narrowing discount, however and the trust delivered a share price total return of -0.6%. The annual dividend per share was up 5.8% to 11.0p, well above the 2.1% […]
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2 min read
F&C Investment Trust cautiously optimistic on 2019
F&C Investment Trust cautiously optimistic on 2019 – F&C Investment Trust (FCIT) has published its annual report for the year to 31 December 2018. Shareholder total returns were down 0.6% in what the fund described as “the most challenging year since the global finance crisis”, though they outperformed on a relative basis compared to the 3.4% […]
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27 Mar 2018 1 min read
QuotedData on F&C’s 150th birthday
QuotedData on F&C’s 150th birthday, plus our monthly roundup featured in DIY investor magazine. The granddaddy of the investment trust sector, Foreign & Colonial Investment Trust, is rapidly approaching its 150th birthday. It is a remarkable achievement for a company to remain relevant over such a long period. What, perhaps is even more remarkable is […]
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07 Mar 2018 2 min read
Foreign & Colonial will change name after 150 years
Foreign & Colonial will change name after 150 years – Foreign & Colonial, which is marking its 150th anniversary, has published results for the year ended 31 December 2017. The year was a good one for F&C’s shareholders. A share price total return of 21% and an NAV total return of 16.9% were both well ahead of […]
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07 Mar 2017 2 min read
Foreign & Colonial post strong returns but lags benchmark
Foreign & Colonial (FRCL) has announced its annual results for the year ended 31 December 2016. During a year that the Trust’s chairman describes as being extraordinary, in terms of political events, stock market returns and sterling weakness, FRCL has provided an NAV total return of 23.9% and a share price total return of 23.7%. […]
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29 Jul 2016 2 min read
Foreign and Colonial plans dividend increase in 2016
Foreign and Colonial’s 7.7% NAV return for the first six months of 2016 compared favourably to returns of its peers although it lagged the 12.0% rise in the FTSE All World Index over the period. Shareholder returns were 3.0% as uncertainty over Brexit led to a general widening in discounts across the sector, with the discount […]
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20 Apr 2016 1 min read
Foreign & Colonial takes on long-term debt
Foreign & Colonial Investment Trust has agreed to issue fixed rate senior unsecured private placement notes in tranches of (i) GBP25 million principal with a 12 year tenor, at a coupon of 2.80% and (ii) GBP50m principal with a 15 year tenor, at a coupon of 3.16%. The funding date for the notes is expected […]
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08 Mar 2016 2 min read
Foreign & Colonial planning new private equity investments
Foreign & Colonial has published its results for the year ended 31 December 2015. Their net asset value total return of 7.5% was above the 4.0% delivered by the FTSE All World Index over the year. FRCL delivered a total shareholder return of 9.0% for the year. The net asset value per share with debt at market […]
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30 Jul 2015 1 min read
Good equity performance from F&C in H1
Foreign & Colonial’s results for the first half of 2015 show it delivering a return on net assets of 4.1% and a return to shareholders of 4.0%. By contrast the FTSE All-World Index returned 2.2%. The first interim dividend of 2.3p for 2015 will be paid on 3 August. Second and third interim dividends of […]
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03 Mar 2015 1 min read
F&C mulling new long term debt
Foreign & Colonial had a good 2014 but returns were below those of the FTSE All World Index. The total return on net assets was 10.3%, comprising a 7.9% uplift in the NAV and a 9.3p dividend, up 3.3% on the previous year. The index returned 11.3%. The return to shareholders was 13.5%. Over the first […]
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02 Dec 2014 1 min read
The alternative plays in investment trusts
Source: http://www.moneymarketing.co.uk/news-and-analysis/analysis/the-alternative-plays-in-investment-trusts/2016533.article Income-seeking investors would do well to look at the alternative plays on offer in the investment companies space, such as renewable energy and asset leasing With interest rates held so low for so long, it is not surprising investors have been looking for alternative ways to generate income. That search is only set to […]
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19 Nov 2014 1 min read
Foreign & Colonial to redeem its debenture
FRCL : Foreign & Colonial to redeem its debenture Foreign & Colonial has £110m of debenture stock outstanding that was issued in 1989 and falls due for repayment on 31 December 2014. The Board have announced today that this will be redeemed at par on 31 December. This is good news for ordinary shareholders as […]
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30 Jul 2014 1 min read
Foreign & Colonial : FRCL – interims
Foreign & Colonial, which is now managed by Paul Niven (pictured) has released its interims. these cover the first half of 2014. Over that period the net asset value rose by 1.1% and the share price return was 0.8%. By comparison the benchmark return was 3.2%. The UK, North American, European and Emerging Market equity portfolios underperformed comparable […]
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04 Mar 2014 1 min read
Foreign & Colonial : FRCL – annual results
Foreign & Colonial Investment trust has released its results for the year ended 31 December 2013. In total return terms, the net asset value returned 21.4% vs. 21.0% for the FTSE All-World Index. At the same time F&C has announced that Jeremy Tigue is stepping down as manager of the fund at the end of […]