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Disclosure – Non-Independent Marketing Communication
This is a non-independent marketing communication commissioned by [FUND]. The report has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the dealing ahead of the dissemination of investment research.
The company recently released interim results, which showed NAV total return of 8.1% over the six months to 31st July 2018, a continuation of the excellent long-term track record the team have of outperforming the FTSE All-Share, which rose 5% over the same period.
Over the past five years, the trust has delivered total returns of 66.8% compared to the FTSE All-Share return of 44.9%. Indeed, according to the company – if an investor had invested in the NAV or share price at the year end, or interim date in the last twenty years and held to 31st July 2018, the investment would have outperformed the FTSE All-Share every time.
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