The City of London Investment Trust - Annual Results 2016

Fund manager review

The City of London Investment Trust’s annual results were announced on 19th September and in this video fund manager Job Curtis looks back on the company’s last financial year, updates investors on changes since the year end in June, and looks forward to what might happen in the year ahead.

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Yield and frequency of payments may vary and are not guaranteed.

Fund manager’s report

In an extract from the 2016 Annual Report, Job looks at the background to investment landscape over the year, reviews the portfolio and comments on the outlook for the coming year. You can read the full fund manager’s report here.

Chairman’s statement

The Chairman of the company, Philip Remnant, reports on the year to 30 June 2016, looking at the markets in general as well as commenting on the performance of the trust. You can read the full chairman’s report here.

Annual General Meeting

This year’s AGM will be held at 201 Bishopsgate on 27th October at 2:30pm. Shareholders will have received a notice of meeting. You can also watch a live stream of the meeting, including Job’s presentation here:

The value of the Trust and the income from it is not guaranteed and may fall as well as rise. You may get back less than you originally invested.

Not all the investments in this portfolio are made in Sterling, so exchange rates could affect the value of and income from your investment.

Where the trust invests in assets which are denominated in currencies other than the base currency then currency exchange rate movements may cause the value of investments to fall as well as rise.

The trust may use gearing as part of its investment strategy. If the trust utilises its ability gear, the profits and losses incurred by the trust can be greater than those of a trust that does not use gearing.

If a fund is a specialist country-specific or geographic regional fund, the investment carries greater risk than a more internationally diversified portfolio.

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Ticker: CTYOrdinary shares Currency GBX Price 431.00 Estimated NAV Final NAVs are published daily and announced on the London Stock Exchange.422.91 Discount/premium 1.91% Yield 3.99% Price date 20/10/2017

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