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.