Temple Bar's investment objective is to provide investors with a growing income combined with growth in capital.
It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies.
It is run by one of the professional investment industry’s best-known ‘contrarian’, or Value, investors Alastair Mundy.
In simple terms, contrarian/value investors go against general market concensus by buying companies that are unloved by other investors and are therefore ‘cheap’, in the belief that they will return to favour, thereby increasing their share price – at which point they are sold.
We undertake deep, fundamental analysis to identify potential investments and as investors we are highly downside aware. We aim for long holding periods and to ensure that the portfolio contains a diversified blend of companies, with different characteristics, at different stages of recovery, in different sectors.
It’s important to remember that there is no guarantee that a company’s valuation will recover. In addition, future and dividend growth is not guaranteed. As a result, the value of your shares in Temple Bar and the income from them can fall as well as rise and you may lose money. Further key risks we believe are faced by Temple Bar investors can be read here.
Find out more about our investment approach.
- The investment trust launched in 1926
- Temple Bar is an independent company with a board of directors whose responsibility is to seek the best investment return for its shareholders
- Since 1 August 2002, the portfolio has been run by renowned contrarian investor Alastair Mundy and his team of Value investment specialists at Ninety One
- As at 1 January 2018 there are over 30,000 current investors
- The trust has been recognised by the AIC as a Dividend Hero, having been one of a small number of investment trusts that have increased their dividend for over 20 consecutive years
- Temple Bar Investment Trust currently holds a ‘RATED’ status from independent fund rating and research agency, RSMR. It has held this rating since December 2015.*
*Fund ratings may be provided by independent rating agencies based on a range of investment criteria, and do not constitute investment advice by Temple Bar Investment Trust or Ninety One. For a full description of the ratings please see www.investecassetmanagement.com/ratings.