Why Brunner?
The Brunner Investment Trust PLC aims to provide growth in capital and dividends over the long term by seeking out the world’s most exciting growth opportunities. We believe that it’s the quality of the company that matters, not its location – so through Brunner, investors can access a spread of high-quality growth companies operating in different sectors and countries in a single portfolio. Managed by Julian Bishop and Christian Schneider, the Trust favours large, well-financed businesses with global reach, pricing power and brand strength.
Why Invest?
Through Brunner, investors can access a spread of high-quality growth companies operating in different sectors and countries via a single portfolio. Managed by Julian Bishop and Christian Schneider, the Trust favours large, well-financed businesses with global reach, pricing power and corporate liquidity.
Why Investment Trusts?
The Brunner Investment Trust PLC (Brunner) is an independent company listed on the London Stock Exchange whose investment trust structure provides access to a diversified global portfolio.
Investment trusts own shares in a variety of different companies, so buying shares in Brunner will effectively give you a diversified portfolio of global companies. This spreads your risk, as you are not reliant on the success of just one or two companies. And buying shares in an investment trust can be less costly than purchasing the underlying stocks individually.
Because Brunner is an investment trust and an independent company listed on the London Stock Exchange, the investment manager is accountable to the Trust’s board of directors. The board is completely autonomous and ensures that the interests of shareholders are looked after. The Brunner board of directors is particularly experienced; as well as providing investors with the reassurance of a diligent environment of checks and balances, they also provide the Trust with invaluable knowledge and economic insight.
Risks & Features
The Trust seeks to enhance returns over the long term through gearing. The Board monitors the level of gearing and makes decisions on appropriate action based on the advice of the manager and the future prospects of the Trust’s portfolio. Historically, gearing has been in the form of long term fixed rate debentures. Other than in exceptional market conditions, it is unlikely that, at the time of investment, gearing (calculated after deducting the value of holdings in government securities, held to offset some of the long term debentures issued) will exceed 20% of net assets. The Trust’s authorised borrowing powers state that the Company’s borrowings may not exceed its called up share capital and reserves.
Learning about Investment Trusts
If you’re new to investment trusts, explore below and in the Education Centre to learn more about how investment trusts work.
