Following consideration by the Board of the Trust, the Manager and the AIC (the Association of Investment Companies), as of 1st January 2017, the Seneca Global Income & Growth Trust plc (SIGT) has moved from the AIC Global Equity Income Sector to the AIC Flexible Investment Sector.
SIGT is a multi-asset Trust, which aims to deliver a combination of income and growth with low volatility. On balance, we believe that the combination of these objectives sits most suitably in the Flexible Investment Sector, which has become the home of SIGT’s most relevant peers. With the sector having formed almost a year ago, and established itself in investors’ minds, we believe now is an appropriate time to move.
There has been no change to the way in which SIGT will be managed.