THANK YOU SABA8 May 2025 11:19
Saba, a note of thanks to you for becoming a shareholder and finally bringing the manager and board to account. For decades the manager and board have used this trust as captive capital for their fees. In the meantime, shareholders have suffered abysmal capital performance. The trust has also failed on its income mandate, the current level being 5.5p per year. It was 5p per year 15 years ago and has been outstripped by inflation. Please see it through and make sure these fools are no longer entrusted with other people's money.