BNKR The Bankers Investment Trust PLC

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by investing in companies listed throughout the world.

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 10 years.^[1]

^[1] Source: Janus Henderson, The Bankers Investment Trust PLC Factsheet, 31 March 2022.

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 of 30th June 2022, the Trust had total assets of £1.53B under management.

Source: Janus Henderson, The Bankers Investment Trust PLC factsheet. Updated quarterly.

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 55 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 on net assets up to £750m; 0.40% pa on net assets between £750m and £1.5bn; and 0.35% pa on net assets over £1.5bn.

For general insight into the Trust please see the latest Edison commissioned research: 2022 research note.

This research gives general insight into the background of the Investment Trust, and the investment strategy with which it is run. In addition to this it outlines the Trust’s objectives and provides updates from the Fund Manager, as well as recent performance data.