The Bankers Investment Trust (BNKR) aims to achieve capital growth in excess of a global developed markets index and dividend growth greater than UK CPI inflation over the long term. The trust invests in a geographically diversified portfolio of companies listed throughout the world.

We highlight four things investors need to know about the trust.

1. BNKR targets quality companies for a balanced, style neutral portfolio.
2. The trust has a concentrated portfolio of best ideas.
3. BNKR has a strong dividend track record.
4. Greater flexibility in the use of revenue reserves intended to lift relative performance.

If you would like to know more about The Bankers Investment Trust, please visit www.edisongroup.com.

During the webinar, Alex Crooke, the manager of The Bankers Investment Trust, discusses the trust’s core principles, the market outlook and how the portfolio is positioned to deliver capital returns, while also maintaining dividend growth.

Edison has recently published a note on The Bankers Investment Trust (BNKR), which offers investors a one-stop shop for global equity exposure, with a dual focus on growth and income. The trust has grown its dividend for 57 straight years and dividend growth has outpaced inflation over the long term. This should appeal to investors seeking regular, rising, inflation-proof income. The board expects dividends to rise by at least 5% in FY24. BNKR’s board recently indicated that it will adopt a more flexible approach to using revenue reserves, a move that will enable the manager to access a broader pool of investments. This greater flexibility has the potential to deliver better capital returns, while ensuring the trust keeps delivering dividend growth. Indeed, performance has already begun to improve – the trust outperformed the market in the six months to end April 2024. BNKR’s discount to NAV of around 11% is much wider than its historical average of less than 4% and has scope to narrow back towards its longer-term average as interest rates begin to fall, market conditions improve and the trust’s performance benefits accordingly.