but then I suppose steady growth and a regular income leaves nothing to argue about! IMHO, one to top up on regular basis and leave on back burner, reinvesting the dividends. DYOR and GLA
6 Sep '12
Two directors of emerging markets-focused investment group City of London disposed of beneficial interests they have in the company on Wednesday, just two days after the firm’s full-year results revealed a large decline in funds under management (FuM). Non-executive director David Cardale and Finance Director Doug Allison sold a total of 153,125 shares in the company in order to fund personal property projects, City of London said. Cardale disposed 53,125 for 325p a piece generating £172,656, leaving his resultant holding at 53,125, equal to 0.2% of the issued share capital.
11 May '12
Moningstar Tips CTY
Investment Trust Picks for Income-Seekers Morningstar's Szymon Idzikowski explains why income-seekers should consider investment trusts and highlights a few of his favourites Extract: COOK: So for an investor who is looking to ramp up the income portion of their portfolio, are there any investment trusts that jump to mind that could be suitable for them? IDZIKOWSKI: We actually even rated a couple of income funds. So, one of them is, for example, City of London Investment Trust (CTY). It has been rated Gold. There is a number of things we like about this fund. Its fund manager is Job Curtis, very experienced fund manager, over two decades of experience. He has been actually at the helm of this fund also for 20 years. That's a tenure that is rare to see actually, and what it means is that this tenure and the longevity of the tenure adds a lot of stability to the way he runs the funds. So when you look on the process there have not been that many changes in the process. He was following the same consistent process over the time…and it paid back. I mean, the fund has generated progressive dividends for over 45 years. COOK: That's some record. IDZIKOWSKI: This is actually a record that has yet to be matched by any other funds. COOK: So that's a great tip for investors. Here is the link to the video and transcript: http://www.morningstar.co.uk/uk/news/articles/105875/Investment-Trust-Picks-for-Income-Seekers.aspx P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089
13 Feb '11
See Saturdays "your money" section in the Daily Telegraph regarding investment trusts.
9 Dec '10
been investing monthly since 1992,so obviously quite happy with performance.Dividends have increased yearly since launch.Retire next year and will hopefully use this as an equity income fund to top up other poor pensions that i have.Drip feeding investment seems to have paid off so far. I use this as my equity ISA
7 Dec '10
Bought a few thousand of these recently as there is a reliable quarterly dividend, good fund manager and a nice mix of blue-chip ftse companies with a global perspective......surprised nobody else has posted here so far......well have a look at CTY if you come across this post... GLA
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