Bankers Investment Trust PLC Review on The Bankers Investment Trust (BNKR)
07 Agosto 2023 - 8:15AM
RNS Non-Regulatory
TIDMBNKR
Bankers Investment Trust PLC
07 August 2023
London, UK, 7 August 2023
Edison issues review on The Bankers Investment Trust (BNKR)
The Bankers Investment Trust (BNKR) has been managed by Alex
Crooke, co-head of equities at Janus Henderson Investors (JHI),
since July 2003. It can be considered as a 'one-stop shop' for
global equity exposure as the fund is made up of six geographic
portfolios (sleeves), which harness the talent of JHI's regional
specialists. Crooke (in conjunction with the board) sets BNKR's
asset allocation and manages its gearing. He believes that
inflation will remain elevated, and that future shareholder total
returns will be more balanced between income and capital growth,
which will play into the trust's strengths. While BNKR's income
growth lagged the rate of UK inflation in FY22, the manager is
confident in the prospects for the trust's income generation. He
highlights BNKR's top 10 holdings, which are dominated by US
companies; higher income from these businesses is supporting the
trust's overall income stream. BNKR has paid an annual dividend for
the last 132 years, and FY22 marked the 56th year of consecutive
growth.
BNKR's discount has been in a widening trend since early 2022.
There is scope for a higher valuation if the trust can narrow the
performance gap versus its benchmark. However, to provide some
perspective, it has above-average total returns versus the 13 funds
in the AIC Global sector over the last one, three and five years.
BNKR's 10.9% discount to cum-income NAV is wider than the 2.4% to
7.9% range of average discounts over the last one, three, five and
10 years.
Click here to view the full report.
All reports published by Edison are available to download free
of charge from its website
www.edisongroup.com
About Edison: E dison is a leading research and investor
relations consultancy, connecting listed companies to the widest
pool of global investors. By focusing on the volume and quality of
investors reached - across institutions, family offices, wealth
managers and retail investors - Edison can create and gauge intent
to purchase, even in the darkest pools of capital, and then make
introductions via non-deal roadshows, events or virtual
meetings.
Having been the first company in-market 17 years ago, Edison has
more than 100 employees and covers every economic sector.
Headquartered in London, Edison also has offices in New York,
Sydney and Wellington.
Edison is authorised and regulated by the Financial Conduct
Authority .
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information, please contact Edison:
Mel Jenner +44 (0)20 3077 5700
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn www.linkedin.com/company/edison-group-/
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRASSESALEDSELA
(END) Dow Jones Newswires
August 07, 2023 02:15 ET (06:15 GMT)
Grafico Azioni Bankers Investment (LSE:BNKR)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Bankers Investment (LSE:BNKR)
Storico
Da Giu 2023 a Giu 2024