Finsbury Growth & Income reports a 10% total return on net assets and a 9.9% return to shareholders for the six months ended 31 March 2016. This is an impressive return on a period when the FTSE All-Share Index returned 3.5%. the first interim dividend for the period was 6.1p – up from 5.5p for the equivalent period last year.
The report says the principal contributors to the company’s net asset value performance were Unilever, Sage Group and Relx.
FGT : Onwards and upwards for Finsbury Growth & Income