Portfolio restrictions


Yield target

  • 120-140% of that of the FTSE All-Share Index

Number of holdings

  • The portfolio will normally contain 70-80 holdings but it may be more or less concentrated from time to time as circumstances require

Turnover

  • Annual turnover will normally be limited to 50% of the portfolio (average of purchases and sales during the year)

Stock and sector limits

  • There will be an absolute limit of 10% on individual stocks and 25% on a specific sector irrespective of their weighting in the benchmark

International investment

  • Up to 20% of the portfolio can be invested in listed international equities in developed economies

Cash limits

  • A level of 10% of shareholder funds is regarded as a guideline maximum holding in cash, although this is dependent on market conditions

Fixed interest

  • From time to time fixed interest holdings or non-equity interests may be held on an opportunistic basis

Derivative instruments

  • Derivative instruments are not normally used but in certain circumstances, and with the prior approval of the Board, their use might be considered either for hedging purposes or to exploit a specific investment opportunity

© Temple Bar Investment Trust PLC

We recommend that you seek independent financial advice to ensure Temple Bar is suitable for your investment needs.

Delivered by Investis – link to website (opens in a new window)

Thank you for visiting the Temple Bar Investment Trust PLC website. The site has recently been refreshed to provide you with an improved user experience. If you have any queries please contact us on enquiries@investecmail.com

OK