AVI Global Trust PLC (AGT)

Profile

https://www.aviglobal.co.uk

AVI Global Trust PLC is a closed-ended investment trust established in 1889, dedicated to achieving capital growth through a focused global portfolio of investments in companies trading at a discount to their estimated underlying net asset value. Managed by Asset Value Investors Limited, it primarily targets value stocks across diversified sectors and market capitalizations worldwide, employing fundamental analysis with a bottom-up stock-picking approach emphasizing asset-backed entities such as investment holding companies, property firms, and family holdings. Key features include an ongoing charge of 0.70%, gross gearing of around 11%, and a dividend yield of approximately 1.73% paid semi-annually. The portfolio spans sectors like industrials (over 24%), consumer cyclical (14.7%), and communication services (12.5%), with significant exposures to Japan (19.7%), South Korea (12%), and France (8.7%). Top holdings include Chrysalis Investments, D'Ieteren NV, and News Corp. As a FTSE 250 constituent domiciled in the United Kingdom, AVI Global Trust PLC plays a notable role in providing investors access to undervalued global opportunities, often outperforming benchmarks like the MSCI AC World Index over various periods.