Overview
Description
City of London Investment Trust plc is a prominent closed-end investment company that primarily focuses on delivering long-term income and capital growth through a diversified portfolio of investments, predominantly in UK equities. Its core purpose is to offer investors a steady income stream, achieved through investments in well-established companies known for their reliable dividend payments. This trust largely invests in sectors such as financial services, consumer goods, and energy, reflecting its commitment to stability and growth potential.
With a rich history dating back to 1891, City of London Investment Trust plc is one of the longest-standing investment vehicles in the UK market. It plays a significant role by providing individual and institutional investors with a way to access a broad range of quality UK companies within a single investment instrument. Managed by Janus Henderson Investors, the trust benefits from experienced management and a keen focus on maintaining a diversified and balanced approach to equities. This positions it as a key participant in the financial markets, particularly for those seeking consistent income and exposure to the UK economy's performance.
About
Instrument type
Common stock
Sector
Financial Services
Industry
Asset Management
Country
Germany
MIC code
XSTU