BNKR The Bankers Investment Trust PLC

The Bankers Investment Trust aims, over the long term, to achieve capital growth in excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index (RPI), by investing in companies listed throughout the world. It has the flexibility to invest across asset classes, geographies and market cap sectors.

The incorporation date was 13^th April 1888 and so it is one of the UK's oldest investment trusts.

The fund manager is Alex Crooke, Co-Head of Equities – EMEA and Asia Pacific. He joined the asset management industry in 1990 and has been with Janus Henderson since 1994. Alex has managed the trust since 2003.

The trust's investment benchmark is the FTSE World Index, which covers over 3,100 companies in 47 countries. The trust’s Net Asset Value and share price total returns have outperformed the FTSE World index over one, three and six months, and three, five and 10 years.^[1]

^[1] Source: Janus Henderson, The Bankers Investment Trust PLC Factsheet, 30th September 2020.

Updated quarterly 

The Association of Investment Companies (AIC) classifies trusts into sectors as a way of grouping companies with common characteristics. The classifications are based on a combination of the trust's regional or industry focus, and its investment objective. The Bankers Investment trust is classified within the 'AIC Global' sector.

As at 30th September 2020, the trust had total assets of over £1.37B under management.^[1]

Updated quarterly.

^[1] Source: Janus Henderson, The Bankers Investment Trust PLC fact Sheet, 30th September 2020

Proposed dividend payment date(s): February, May, August and November.

Each year, the Association of Investment Companies (AIC) publishes its list of 'Dividend Heroes', the investment companies which have increased their dividends for 20 or more years consecutively.^[1] There are currently 20 Dividend Hero investment companies. The Bankers Investment Trust has increased its dividends for 52 consecutive years.

^[1]  © Copyright 2019 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.

The trust has received an overall rating of ★★★★ by Morningstar. The trust's analyst rating is Bronze.

The management fee is 0.45% pa of net assets up to £750m, and 0.40% pa of net assets over £750m.