A brief look at Temple Bar's credentials

What we do

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.

The Trust is managed by Co-Portfolio Managers Alessandro Dicorrado and Steve Woolley, supported by the wider Value investment team at Ninety One.

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.

Key facts

  • 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
  • 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.


Our history

Whilst not likely to influence your investment decision, you may be interested to know about the background to the Temple Bar name.

Incorporated in 1926, its original name was Cable, Telephone and General Trust Company Ltd., before being shortened to Telephone and General Trust Ltd in 1930.

Since then its investment remit has become more generalised and it has confronted the challenges of the Great Crash of the 1930s, the inflationary 1970s and subsequent periods of equity market strength and weakness. While short term losses could not be avoided on these occasions, the investment trust has recovered strongly to post solid gains for long term investors. Please remember however that past performance should not be taken as a guide to the future, the value of investments can fall as well as rise and losses may be made. Its current name was adopted in 1977 following a reverse takeover.

  • Temple Bar was once one of the long line of structures marking the boundary between Westminster and the City of London
  • It originally stood at the junction of Fleet Street and The Strand
  • Temple Bar was associated with a celebration of the Spanish Armada in 1588 and the funeral of Lord Nelson in 1806
  • The heads of executed traitors used to displayed above the central arch
  • Temple Bar was moved to Theobald’s Park near Waltham Cross in 1878, but returned in 2004 to London’s Paternoster Square.