Why invest
Record-setting annual dividend increases since 1966
The City of London Investment Trust is an investment trust with the objective of providing long-term growth in income and capital by harnessing the potential of leading businesses, listed on the London Stock Exchange, and with a bias towards large, international companies.
The long-running trust has weathered multiple market cycles since it became an investment trust in 1932, with a 57-year record of dividend growth, making it the investment trust with the longest record of annual increases. The trust’s manager, Job Curtis, who is supported by David Smith, manages the portfolio in a conservative way, focusing on cash-generative businesses able to grow their dividends sustainably.
A long history of delivering returns to investors through a disciplined and prudent approach has made the trust a well-known, well-regarded name. And while nobody can guarantee what kind of performance the future holds, The City of London Investment Trust is backed up by a track record of beating its FTSE All-Share Total Return benchmark over 5 and 10 years*.
Marketing Communication. Past performance does not predict future returns. The value of an investment and the income from it may go down as well as up and you may lose the amount originally invested. Past performance can be viewed here.
Why choose The City of London Investment Trust?
57 years of dividend growth
With quality companies at the core of its portfolio, the trust has increased its dividend every year since 1966*. The investment trust structure has also enabled The City of London Investment Trust to provide consistent dividend growth. In good years for market dividend growth, the trust retains income in its revenue reserve, which it uses to continue growing its dividend in difficult years for market dividends. The trust effectively smooths its dividend payments– meaning dividend growth is less affected by short-term ups and downs.
Consistent to the core
The trust’s manager, Job Curtis, supported by his deputy, David Smith, and the broader Janus Henderson investment team, takes a disciplined and prudent approach. The success of the trust is built on finding solid, long-term holdings that will stand the test of time. Over 80% of the trust’s assets are invested in UK listed equities, predominantly in larger companies and often global businesses, with the balance in overseas listed equities.
Good value means lower fees
Benefiting from the trust’s scale, the ongoing charge of 0.37% is very competitive compared with other actively managed funds.
Manager's perspective
Job Curtis, Fund Manager for The City of London Investment Trust, looks for long-term growth opportunities in large companies listed on the London Stock Exchange.
“The aim is to be invested in those companies that can support their dividends through profits and cash generation and invest enough for growth. The quality of the companies in the portfolio, some leading global businesses and others with strong market positions in the UK, gives confidence for the future.”
– Job Curtis, Fund Manager
Ready to invest?
Head to our How to Invest page now to find out how to add The City of London Investment Trust to your ISA, SIPP, or whichever investment account or wrapper you use to invest.
