F & C Investments

Foreign & Colonial Investment Trust

  • Strong track record of success

  • How to Invest

    Open an F&C Savings Plan

    Call: 0800 136 420

    Invest online now

    Or contact your usual investment broker

  • Performance

    These tables show you how the fund has performed over the last five years.  The fund has achieved positive growth over these periods, but please remember that past performance is not a guide to future results and the value of investments can go down as well as up.

    We've provided some useful definitions below the tables to help with interpreting the performance figures.

  • Fund performance

    Foreign & Colonial Investment Trust - performance chart

    Performance (%) as at 31.03.17

    Cumulative performance 1 month Year to date 1 Year 3 Years 5 Years
    NAV 1.64 6.26 30.64 57.21 97.30
    Share price -0.35 4.15 31.83 60.95 101.81
    Benchmark 0.80 5.78 33.12 57.85 99.27
    Discrete annual performance 2017/2016 2016/2015 2015/2014 2014/2013 2013/2012
    NAV 30.64 0.42 19.83 6.84 17.47
    Share price 31.83 0.29 21.74 7.14 17.03
    Benchmark 33.12 -0.49 19.17 6.75 18.25

    Source: Lipper. Basis: share price, percentage growth, bid to bid, net income reinvested. Basis in accordance to the regulations of the Financial Conduct Authority. The discrete annual performance table refers to 12 month periods, ending at the date shown. The cumulative performance table refers to cumulative periods ending 31.03.17

  • Useful definitions

    NAV - Net Asset Value. This is the value of the fund's assets (e.g. investments, stocks, shares, bonds) less its liabilities (i.e. costs that need to be paid out of the value of the fund)
    Benchmark: The FTSE All-World (Total Return) Index

  • Fund facts
    Investment manager F&C Investment Business Limited
    Benchmark FTSE All World TR index (Pre 01/01/2013 60% FTSE World ex UK TR Index/40% FTSE All Share TR Index).
    AIC sector Global
    Launch date 1868
    Total assets £3.6 billion (as at 28.02.2017)
    Currency Sterling
    ISIN GB0003466074
    SEDOL 346607
    Ticker symbol FRCL
    Key dates
    Annual general meeting April
    Year end 31 December
    Dividends paid February, May, August, November (Quarterly)
    Results announced March (final)
    July (half yearly)
  • Fund Manager commentary

    Our share price and NAV posted modestly negative returns over the month. Sterling strengthened, reducing the value of our overseas investments, after Theresa May called a snap general election in the UK. Investors appeared to conclude that an anticipated landslide victory for the PM would lead to a stronger hand in negotiations with the EU over the terms of Brexit. Suggestions that the size of majority were an ‘irrelevance’ in the negotiations by some European politicians seemed to be ignored as sterling posted the strongest gains over the month amongst G10 currencies.

    Politics elsewhere also remained a key market driver in April. The French Presidential elections were a major source of nervousness but after the first round of voting on the 23rd made Macron the clear favourite, relative calm was re-established. Ten days earlier President Trump had ordered an attack on a Syrian airbase and North Korea continued to prove a conundrum. On policy, the new US administration unveiled a high level overview of proposed changes to the tax system, although there remains scepticism over how substantive eventual changes will be.

    Away from politics, economic data continued to improve in almost all regions and the US corporate reporting season was the best for several years, with analysts’ expectations beaten not just for earnings but revenues too. Europe outperformed the US in terms of economic data and corporate profitability but there are signs that market expectations have been adjusted so that the improvements were less of a surprise than in the later part of last year.

    Across the main regions, Europe was an outperforming area during the month as relief over Le Pen’s prospects for the presidency waned. Emerging markets also performed well with Turkey delivering strong returns. Within equities, energy stocks again lagged with soft oil prices weighing on returns.

    We continue to run a range of diversified underlying stock selection strategies and believe that we remain well placed to withstand any further short term volatility in markets.

    As at 30 April 2017

  • The value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. Past performance is not a guide to future performance. When you sell your shares, you might get back less than you originally invested. If markets fall, gearing can magnify the negative impact on performance. Changes in rates of exchange may have an adverse effect on the value, price or income of investments. Emerging Markets, Unquoted Companies and Smaller companies carry a higher degree of risk and their value can be more sensitive to market movement; their shares may be less liquid and performance may be more volatile. The fund may invest in hedge funds or private equity funds which are not normally available to individual investors, exposing the fund to the performance, liquidity and valuation issues of these funds. Such funds typically have high minimum investment levels and may restrict or suspend redemptions or repayment to investors. The asset value of these shares and its prospects may be more difficult to assess.

  • Paul Niven

    Paul Niven

    Fund Manager

  • Investment Awards 2016 - winners logos_ForeignColonial           Morning Analyst Rating - silver logo          Rated fund logo 2017         AIC Dividend Logo

Past performance is not a guide to future results. The value of investments can go down as well as up.

The shares of the Company are listed on the London Stock Exchange. Information in this section of the website concerning the Company is directed solely at persons who are located in the UK. Nothing on this website is, or is intended to be, an offer, advice, or an invitation, to buy or sell any investments. Potential investors must read our full terms and conditions before proceeding further with any investment product referred to on this website. The information on this website may not be suitable for everyone, and retail investors unsure whether an investment product referenced on this website will meet their individual needs should seek advice before proceeding further with such product.