The Bankers Investment Trust PLC (BNKR)

Profile

https://www.henderson.com/ukpi/fund/168/the-bankers-investment-trust-plc

The Bankers Investment Trust PLC is a closed-ended investment company established in 1888, dedicated to global equity investing. Its primary objective is to deliver capital growth surpassing the FTSE World Index alongside dividend growth exceeding UK Consumer Price Index inflation, achieved through a diversified portfolio of approximately 100 high-quality companies worldwide. Co-managed by Alex Crooke and Richard Clode at Janus Henderson, the trust employs a unique structure with four regional experts selecting stocks focused on robust business models that generate cash for dividends and reinvestment. Key holdings include leading firms like NVIDIA, Microsoft, Amazon, and Apple, with heavy weighting in technology (around 35%), financial services (21%), and the United States (64%). It maintains a quarterly dividend policy, boasting 58 consecutive years of increases, and trades at a typical discount to net asset value, supported by modest gearing of about 6% and a low ongoing charge of 0.51%. With total assets near £1.5 billion, The Bankers Investment Trust PLC offers investors a sophisticated, multi-manager approach to long-term global income and growth in a single vehicle.