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Contact details

201 Bishopsgate, London, EC2M 3AE
0845 608 8703 (Dealing)
0800 832 832 (Main Number)

Fund managers

* Alex Crooke»01-Jun-2003 to Present
Michael Moule»01-Jan-1977 to 01-Jun-2003

Investment objectives

To achieve long term asset growth in excess of the FTSE All-Share Index and to achieve regular dividend growth in excess of the increase in the Retail Prices Index.

Key Information

Fund vs sector

  1y 3y
Position 33 / 36 10 / 35
Quartile 4 2

Fund ratings

FE Crown Rating: 4 FE
Crown Rating


  1y 3y
Volatility 8.60 11.55
Alpha -8.66 3.76
Beta 1.32 1.13
Sharpe 0.00 1.30
InfoRatio -1.44 0.98
R2 0.78 0.80
Quartiles:   1  2   3  4   help with ratios
vs. Global»


performance chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
-4.1 +49.6 +73.6 +34.2 +16.2 +5.4 +10.0
  NAV +0.7+40.3+60.1+26.3 +10.3+0.6+13.4
  Global +2.4+33.7+55.6+23.1+6.10.0+16.3
Share Price
 SharePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf THE BANKERS INVESTMENT TRUST ORD 539.50 (p) 24-Oct-2014 -5.22 568.13 568.20
104 2.71 2.71
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
THE BANKERS INVESTMENT TRUST ORD UNIT LONDON 25 112,107,000 603.69 n/a n/a company announcements
Share identifiers: TIDM: BNKR; SEDOL: 0076700; ISIN: GB0000767003
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Gross assets£665.4m / $1,070.0m
Sector Global
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly
Annual accountsannual (Click to order)
Last report / accounts19-Jun-2014
Last AGM26-Feb-2014
Next AGMFebruary 2015
Stockbroker(s)JPMorgan Cazenove
Management contractInvestment management, accounting, secretarial and administrative services are provided to the Group by wholly owned subsidiary companies of Henderson Global Investors (Holdings) plc and by BNP Paribas Fund Services UK Limited. The basic annual management is 0.30% of gross assets per annum. The Manager is eligible for a fee based on the degree of outperformance, calculated on the basis of the average net asset value total return over a rolling three year period compared to a composite index representing in equal proportions the FTSE All-Share Index and the FTSE World (ex UK) Index. Payment of a performance fee in any year is subject to an outperformance hurdle rate of 1.5% per annum. For the first 1% of outperformance in excess of the hurdle rate, a performance fee of 0.15% of gross assets will be paid, and in respect of each further 1% of outperformance, a fee of a further 0.2% of gross assets up to a maximum performance fee in any one year of 0.55% of gross assets, so that the maximum total fee payable in any one year is 0.85% of gross assets. No performance fee will be paid in any year if either the Company's net asset value or its share price is lower at the end of the financial year than at the end of the previous financial year. No performance fee will be paid if in any financial year distributable income plus revenue reserves are lower than the gross dividends payable in the previous financial year. The notice period for termination of the contract is six months. All publications of the Company's NAV take account of any performance fee owing or potentially owing.
Borrowing limitn/a
Continuation / Wind-up provisionThe Trust has an unlimited life. At the last AGM, the Trust renewed its authority to purchase up to 14.99% of the existing issued shares for cancellation. The Trust is also authorised to allot equity for cash at a price not less than the then prevailing NAV per share.
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Global Equity Mixed Global
Largest holdings, 31-Aug-2014
Holding (%) Rank Prev Holding (%) Rank Prev
BP2.401(1)CATLIN GROUP1.406(6)
Regional weightings, 31-Aug-2014
Region (%) Rank Prev  
UK 42.70 1 (1) 42.70% UK
North America 21.10 2 (2) 21.10% North America
Pacific Region 13.00 3 (3) 13.00% Pacific Region
Europe 11.70 4 (4) 11.70% Europe
Japan 8.70 5 (5) 8.70% Japan
Global Emerging Markets 2.70 6 (6) 2.70% Global Emerging Markets
Others 0.36 7 - 0.36% Others
Money Market -0.26 8 (7) -0.26% Money Market
Sector weightings, 31-Aug-2014
Sector (%) Rank Prev  
Financials 25.28 1 (1) 25.28% Financials
Industrials 16.60 2 (2) 16.60% Industrials
Consumer Services 14.40 3 (3) 14.40% Consumer Services
Consumer Goods 13.87 4 (4) 13.87% Consumer Goods
Oil & Gas 9.29 5 (5) 9.29% Oil & Gas
Technology 6.93 6 (6) 6.93% Technology
Health Care 4.89 7 (7) 4.89% Health Care
Telecommunications 3.71 8 (8) 3.71% Telecommunications
Basic Materials 3.51 9 (9) 3.51% Basic Materials
Utilities 1.78 10 (10) 1.78% Utilities
Cash -0.26 11 (11) -0.26% Cash

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

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iShares PLC AEX ?: Net Asset Value(s)

07:10 AM | 24-Oct-2014

Latest Fundswire  

Asset allocation

UK Equities, 42.70%
42.7000% ofUK Equities
North American Equities, 21.10%
21.1000% ofNorth American Equities
Asia Pacific Equities, 13.00%
13.0000% ofAsia Pacific Equities
European Equities, 11.70%
11.7000% ofEuropean Equities
Japanese Equities, 8.70%
8.7000% ofJapanese Equities
Global Emerging Market Equities, 2.70%
2.7000% ofGlobal Emerging Market Equities
International Equities, 0.36%
0.3600% ofInternational Equities
Money Market, -0.26%
-0.2600% ofMoney Market

Sector analysis


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