Lindsell Train Investment Trust

Name
Lindsell Train Investment Trust
Manager
Lindsell Train Ltd
Type
Closed Ended Investment Company
ISIN
GB0031977944
Sector
Global
Launched
22/01/2001
OCF
0.86 %
Risk Rating
5
3 Year Sharpe
1.25
Yield
2.6 %
Benchmark
UK Treasury 3.5% 2068 GBP
Fund Size
£ 241.5 million
NAV
816
Gearing
100
Discount Premium
46
The fund has a flexible investment policy; Its investment powers include equities, unquoted equities, bonds, cash and other financial instruments. Although the fund can invest globally with no limitation on markets or sectors, there may be a bias toward sterling assets. The objective is to achieve an annual total return for shareholders in excess of the total return of the annual average gross running yield on the 2.5% Consolidated Loan Stock. This represents an absolute return objective, rather than one relative to an equity or bond index.
Holding %
Lindsell Train Limited 45.68 %
Nintendo Co Ltd 6.82 %
Diageo PLC 6.79 %
London Stock Exchange Group PLC 6.72 %
Barr (A G) PLC 5.41 %
Unilever PLC 5.26 %
PayPal Holdings Inc 4.04 %
RELX PLC 3.10 %
Lindsell Train Japanese Eq B Yen Acc 3.06 %
Heineken Holding NV 3.01 %
Region %
United Kingdom 77.04 %
Japan 10.28 %
United States 8.14 %
Sector %
Consumer Defensive 48.94 %
Financial Services 21.70 %
Technology 14.65 %
Consumer Cyclical 13.23 %
Name
Lindsell Train Ltd
Address
SW1E 6NN, London, United Kingdom
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

Michael Lindsell
Joined 01/22/2001

Michael Lindsell co-founded Lindsell Train Limited in 2000. He is the portfolio manager for Japanese equity portfolios and jointly manages Global portfolios.Before founding Lindsell Train he spent seven years at GT Management, first as CIO.Following the acquisition of GT by Invesco in 1998 he was appointed head of the combined global product team.His previous experience included working at Mercury Asset Management where he was director and head of Japanese fund management,at Scimitar Asset Management where he ran Pacific and Japanese mandates and at Lazard Brothers as an investment manager.

Nick Train
Joined 01/22/2001

Nick Train co-founded Lindsell Train Limited in 2000. He is the portfolio manager for UK equity portfolios and jointly manages Global portfolios. Before founding Lindsell Train he was head of Global Equities at M&G Investment Management, having joined there in 1998 as a director. Previously he spent 17 years (1981 – 1998) at GT Management which he left soon after its acquisition by Invesco. At his resignation he was a director of GT Management (London), Investment Director of GT Unit Managers and Chief Investment Officer for Pan-Europe. Nick has a BA honours degree in Modern History from Queen’s College, Oxford.

Data provided by Morningstar.

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