Seneca Global Income & Growth Trust’s objective is to achieve net returns in excess of CPI +6% pa over the course of a typical investment cycle, with low volatility. It also aims to grow aggregate annual dividends at least in line with CPI, through investment in a multi-asset portfolio including UK and overseas equities, fixed-income securities and specialist assets (including property).
More Seneca Global Income & Growth Trust content >Investment summary
Seneca Global Income & Growth Trust (SIGT) is managed by a four-strong team at Seneca Investment Managers, seeking undervalued securities across multiple asset classes in order to diversify the trust’s risk and return drivers. Its UK equity portfolio was particularly negatively affected by the coronavirus-led market sell-off in March, given its focus on domestic, mid-cap value stocks, which performed relatively poorly. However, these holdings could stand SIGT in good stead during an economic recovery. The trust’s board has committed to continue paying quarterly dividends, using reserves where necessary if income falls short, which seems likely given the number of dividend cuts announced by corporates in response to the global pandemic.
Content on Seneca Global Income & Growth Trust








Sector |
---|
Investment companies
Access more Investment companies content
|
Share price graph
Price performance
% |
1m |
3m |
12m |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||
*% relative to local index |
Key management |
|
---|---|
Richard Ramsay | Chairman |
David Thomas | Chief Executive |
Gary Moglione | Fund manager |
Mark Wright | Fund manager |
Peter Elston | Chief Investment Officer |
Richard Parfect | Fund manager |
Tom Delic | Fund manager |
You may also be interested in…
- Aberdeen Diversified Income and Growth Trust
- Aberdeen New Thai Investment Trust
- abrdn Asian Income Fund
- abrdn Latin American Income Fund
- abrdn Private Equity Opportunities Trust
- abrdn UK Smaller Companies Growth Trust
- Agronomics
- Atlantis Japan Growth Fund
- Axiom European Financial Debt Fund
- Baillie Gifford China Growth Trust
- Baillie Gifford US Growth Trust
- Baker Steel Resources Trust
- Bankers Investment Trust (The)
- BioPharma Credit
- BlackRock Emerging Europe
- BlackRock Greater Europe Investment Trust
- BlackRock Latin American Inv. Trust
- BlackRock Sustainable American Income Trust
- BMO Managed Portfolio Trust Growth Portfolio
- BMO Managed Portfolio Trust Income Portfolio
- Canadian General Investments
- CVC Credit Partners European Opportunities
- Diverse Income Trust (The)
- EJF Investments
- ESGTI
- European Assets Trust
- European Opportunities Trust
- F&C Investment Trust
- Fidelity Asian Values
- Fidelity China Special Situations
- Fidelity Emerging Markets
- Fidelity European Trust
- Fidelity Japan Trust
- Fidelity Special Values
- Finsbury Growth & Income Trust
- Foresight Solar Fund
- Fundsmith Emerging Equities Trust
- Georgia Capital
- Gresham House Energy Storage Fund
- Gulf Investment Fund
- Hansa Investment Company
- HarbourVest Global Private Equity
- Henderson Alternative Strategies Trust
- Henderson Far East Income
- Henderson International Income Trust
- Henderson Opportunities Trust
- HgCapital Trust
- Invesco Asia Trust
- JPMorgan European Discovery Trust
- JPMorgan Global Convertibles Income Fund
- JPMorgan Global Growth & Income
- Jupiter Green Investment Trust
- Jupiter US Smaller Companies
- Lazard World Trust Fund
- Lowland Investment Company
- Marble Point Loan Financing
- Martin Currie Global Portfolio Trust
- Murray Income Trust
- Murray International Trust
- NB Private Equity Partners
- Ocean Wilsons Holdings
- Premier Miton Global Renewables Trust
- Princess Private Equity Holding
- Riverstone Credit Opportunities Income
- RTW Venture Fund Limited
- Schroder AsiaPacific Fund
- ScotGems
- Scottish Oriental Smaller Companies
- Standard Life Investments Property Income Trust
- Templeton Emerging Markets Investment Trust
- The Biotech Growth Trust
- The Brunner Investment Trust
- The European Smaller Companies Trust
- The Law Debenture Corporation
- The Merchants Trust
- The North American Income Trust
- UIL
- UK Commercial Property REIT
- Utilico Emerging Markets Trust
- Vietnam Enterprise Investments
- VietNam Holding
- VinaCapital Vietnam Opportunity Fund
- Witan Investment Trust
- Worldwide Healthcare Trust