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Associated equity: Witan Investment Trust
Edison Investment Research has terminated coverage on Witan Investment Trust (WTAN). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant. Previously published reports can still be accessed via our website.
Witan Investment Trust — 3 videos in collection
• Witan finished the year with record NAV, share price and dividend per share.
• Portfolio restructured after sharp falls in March. The managers selected two global growth specialists, reducing UK and European overweight exposure.
• Over the second half of 2020, the restructured portfolio outperformed the benchmark index.
• Progressive dividend policy maintained, with 2020 dividend increased by 1.9%.
• Gearing – borrowings restructured , reducing ongoing finance costs.
• Discount – longer-term objective remains for Witan’s shares to trade at a sustainable low discount or premium.
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