Did you know?

F&C Investment Trust celebrates its 150th anniversary in 2018. It is the world’s oldest collective investment fund. 
February 2018

    

 

F&C Investment Trust celebrates its 150th anniversary in 2018. It is the world’s oldest collective investment fund. 

  • The Disraeli Connection: Benjamin Disraeli (Earl of Beaconsfield) was twice British Prime Minister during the reign of Queen Victoria (in  and ). Philip Rose’s father was the family doctor of the Disraeli family. Philip Rose (founder) was Benjamin Disraeli’s financial adviser.
  • James Bond author Ian Fleming was a great-grandson of Philip Rose.
  • Initial investments in F&C Investment Trust ranged from £100 to £50,000.
  • At its launch in F&C Investment Trust initially had a fixed life of 24 years.
  • F&C Investment Trust was restructured as an investment trust company in .
  • Over its 150-year life, the management of F&C Investment Trust has changed less than a dozen times. F&C Investment Trust has had only three managers in the last 40 years.
  • F&C Investment Trust is one of the most widely held investment products in the UK.
  • It is overwhelmingly held by retail investors.
  • It’s largest single holding is in Amazon (as at ).
  • F&C Investment Trust invested in the Andrew Lloyd Webber musicals “Starlight Express” and “Cats” in the 1970s, and still receives royalties today.
  • It has paid a dividend every year since its launch in .
  • It has grown its dividend every year for the past 47 years. There is no guarantee dividend payments will grow or indeed be paid.
  • Over the last decade, F&C Investment Trust’s dividend pay-out has doubled. Past performance is not a guide to future results.
  • F&C Investment Trust was the only investment trust chosen by economist John Maynard Keynes to include in his father’s investment portfolio.
  • F&C Investment Trust manager, and Agatha Christie’s estranged husband, Colonel Archibald Christie was placed under investigation during her brief disappearance in .
  • The Trust pioneered the introduction of monthly savings schemes in the UK, launching its Private Investor Plan in .
  • “I am a small part in the 150-year history of the trust” (Paul Niven: fund manager since ).
 
 
Share

Let’s talk about risk

Past performance should not be seen as an indication of future performance. The value of investments and income derived from them can go down as well as up as a result of market or currency movements and investors may not get back the original amount invested.