The Seneca Global Income & Growth Trust plc is designed for investors who wish to combine the benefits of a quarterly income with long term capital growth. The trust aims to outperform 3-month LIBOR (The London Interbank Offered Rate, which is the average interest rate at which a selection of London banks are prepared to lend to one another in Sterling) plus 3% over the longer term. The emphasis is on low volatility with the prospect of income and capital growth, through investing in a multi-asset portfolio.
The trust is managed in keeping with our multi-asset value investing approach. Assets held include UK and overseas equities, fixed interest, specialist investments and property. We believe that our value investing ethos holds out the prospect of superior long term returns.
* Discrete annual performance %
Sources: PATAC Ltd. Share prices calculated on a total return basis with net dividends reinvested. NAV returns based on NAVs excluding income and with debt valued at par. Returns do not include current year revenue. Benchmark: composite index 8% pa to 18.01.2012 thereafter LIBOR GBP 3 Months +3%. Launch date 19.08.2005
Past performance is not a guide to future returns. The value of investments and any income may fluctuate and investors may not get back the full amount invested.