Temple Bar Investment Trust (TMPL) targets long-term total returns in excess of the FTSE All-Share index. It invests mostly in constituents of the FTSE 350 index. TMPL’s annual report for the year to 31 December 2018 shows shareholders’ assets of £802 million. Its dividend has been raised every year since 1983.
Alastair Mundy, who heads Investec Asset Management’s UK Value team, has been manager since 2002. Peter Lowery, who has worked closely with him since 2003, is deputy manager.