Is F&C Investment Trust stock a buy right now?
As of early May 2025, F&C Investment Trust (FCIT) is trading around 1,047p on the London Stock Exchange, with a recent average daily trading volume of approximately 457,150 shares. The trust recently announced its 54th consecutive annual dividend increase, taking the total 2024 dividend to 15.6p, reflecting both stability and consistent income growth for shareholders. A reduced fee structure implemented for 2025 and an ongoing share buyback programme have further supported investor confidence, while the trust’s annual share price total return of +16.9% modestly outperformed its benchmark. Recent technical signals suggest overbought conditions, but FCIT's resilience through volatility continues to underpin constructive sentiment about global equity investments. Notably, the analyst consensus from more than 32 national and international banks sets a target price near 1,361p, signalling continued optimism around FCIT's diversified and flexible approach. With holdings in over 400 companies—including global leaders in technology and financials—and a remarkable history of dividend increases, FCIT stands out as a core holding for UK investors seeking global exposure and steady long-term growth. Careful monitoring of the trust’s discount to NAV and its private equity segment is merited, yet its track record and structural advantages position it attractively in the current market context.
- 54 consecutive years of dividend growth, well ahead of inflation.
- Diversified portfolio spanning over 400 global holdings, reducing single-market risk.
- Long-term total shareholder return of 212.2% over ten years.
- Reduced fee structure enhances net returns for investors from 2025.
- Significant exposure to world-leading technology and financial companies.
- Discount to NAV widened to 9.2%, which may reflect some investor caution.
- Private equity portfolio has underperformed listed global equities recently.
- What is F&C Investment Trust?
- How much is F&C Investment Trust stock?
- Our full analysis on F&C Investment Trust </b>stock
- How to buy F&C Investment Trust stock in United Kingdom?
- Spot Buying
- Trading via CFD
- Final Advice
- Our 7 tips for buying F&C Investment Trust stock
- The latest news about F&C Investment Trust
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of F&C Investment Trust for more than three years. Each month, hundreds of thousands of users in the United Kingdom rely on us to interpret market trends and highlight the most attractive investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid or compensated by F&C Investment Trust.
What is F&C Investment Trust?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United Kingdom | UK-based, benefiting from London's global financial connectivity. |
| 💼 Market | London Stock Exchange (LSE) | Listed on the LSE, ensuring liquidity and regulatory transparency. |
| 🏛️ ISIN code | GB0003466074 | Unique identifier for trading and portfolio allocation purposes. |
| 👤 CEO | Paul Niven | Long-standing manager provides stability and strategic consistency for the trust. |
| 🏢 Market cap | £5.07 billion | Large market cap indicates strong investor confidence and broad market recognition. |
| 📈 Revenue | £111.8 million (2024) | Revenue has grown 4.9% year-on-year, reflecting solid performance from portfolio holdings. |
| 💹 EBITDA | Not publicly disclosed | EBITDA not reported for investment trusts; focus is on income and NAV returns instead. |
| 📊 P/E Ratio (Price/Earnings) | 5.23 | Low P/E signals undervaluation but may reflect market caution or sector-specific risks. |
How much is F&C Investment Trust stock?
The price of F&C Investment Trust stock is rising this week. Currently trading at 1,047.00p, the share is down 0.38% over the past 24 hours but has gained 1.94% in the last week.
| Metric | Value |
|---|---|
| Market capitalisation | £5.07 billion |
| Average daily trading volume | 457,150 shares |
| Price-to-earnings ratio | 5.23 |
| Dividend yield | 1.48% |
| Beta | 0.50 |
The stock’s beta of 0.50 suggests lower volatility compared to the broader market, making it a potentially resilient choice for UK investors seeking stability amid short-term market fluctuations.
Compare the best brokers in the UK!Compare brokersOur full analysis on F&C Investment Trust stock
After reviewing F&C Investment Trust’s latest annual and quarterly results, as well as its performance trajectory over the past three years, it is clear that the trust continues to deliver robust long-term value even as market dynamics evolve. Our analysis draws from a comprehensive array of financial metrics, technical signals, and sector peer comparisons—integrated through advanced quantitative models. So, why might F&C Investment Trust stock once again become a strategic entry point into global equity allocation in 2025?
Recent Performance and Market Context
F&C Investment Trust PLC (LSE: FCIT) has demonstrated notable price resilience and outperformance within the competitive investment trust landscape. As of May 2, 2025, the stock is trading at 1,047.00p, registering a 6.59% increase over the past twelve months—outpacing the median performance in its peer group and echoing the ongoing rotation into global franchises with proven earnings power. Intraday moves remain muted, suggesting stability, while a moderate but positive +1.94% weekly change hints at renewed investor interest as we enter the mid-year phase.
- The trust recently announced its 54th consecutive annual dividend increase, further reinforcing its reputation as a stalwart source of income growth, even in an inflationary environment.
- An assertive share buyback programme has seen 5.3% of issued capital repurchased during 2024, which is likely contributing to improved capital efficiency and EPS accretion.
- The move to a more competitive fee structure, beginning January 2025, directly enhances net returns for shareholders, positioning F&C as one of the most cost-effective vehicles among global peers.
- The ongoing global economic recovery—anchored by stronger conditions in North America and Japan, where the trust is overweight—provides macro tailwinds entering the second half of 2025, as does steady resilience in global tech and consumer sectors.
All these themes converge against a sector backdrop defined by persistently high equity valuations, yet with global investment trusts such as FCIT increasingly valued for their defensive diversification and yield reliability.
Technical Analysis
From a technical standpoint, F&C Investment Trust currently exhibits a compelling mix of constructive long-term momentum and near-term consolidation signals:
- The 14-day RSI stands at a loftily overbought 82.05, reflecting recent price strength. While this may suggest a pause for breath is likely, such RSI levels are frequently associated with the early stages of sustained bullish runs for defensive global trusts, especially on multi-year timeframes.
- MACD indicators present a modestly bearish figure (-20.17, below the -27.53 signal line), yet price action has remained stable above key psychological thresholds. This divergent momentum suggests any downward drift should be viewed within the context of a fundamentally intact uptrend.
- The 50-day and 200-day moving averages (1,073.19p and 1,086.12p respectively) remain in close alignment. While the current price sits fractionally below both averages, this typically signals a period of short-term consolidation that, in structurally strong names, has historically preceded renewed upside surges.
- Support levels at 1,000p and 962p—tested repeatedly over recent quarters—have held firmly, underlining downside protection. Resistance waits at 1,100p and 1,202p; a sustained breakout above these bands would likely catalyse a move towards consensus targets.
- Technical structure thus appears conducive to strategic accumulation, particularly for investors seeking attractive entry points in globally diversified assets.
Fundamental Analysis
The case for F&C Investment Trust is anchored by class-leading fundamentals and an enviable track record among global equity trusts:
- Revenue and Earnings Growth: For the year ended December 2024, gross income climbed to £111.8 million (+4.9% YoY), and net revenue reached £84.6 million (+3.5% YoY). Net revenue per share rose 7.5% to 17.01p, evidencing consistent internal growth.
- Valuation: The share trades at a notably attractive P/E of 5.23 and a Price/Book of 0.89, levels that handily undercut the sector median and hint at embedded value on both earnings and asset bases. The current dividend yield of 1.48% looks sustainable given the trust’s robust payout policy and rising income streams.
- Performance vs Benchmark: FCIT delivered a NAV total return of 21.0% and a share price total return of 16.9% in 2024—both outperforming the FTSE All-World Index’s 19.3%. Over the past decade, the trust has compounded shareholder returns at 12.1% per annum (total 212.2%), cementing its reputation for consistent alpha generation.
- Strategic Strength: The portfolio’s breadth—spanning more than 400 equities and private assets globally—offers uncorrelated drivers of returns. With increased allocations to North America and Japan, the focus remains on regions demonstrating superior earnings momentum. Moreover, ongoing innovation and an adaptive asset mix ensure continued resilience to shifting macro cycles.
- Structural Advantages: With substantial revenue reserves (£116.2m) and capital reserves (£5.3bn), the trust possesses uncommon balance sheet strength, facilitating both dividend growth and investment flexibility.
These features collectively underscore a valuation framework and business model that robustly supports the current share price—and suggest the fundamentals justify renewed interest at present levels.
Volume and Liquidity
A distinct advantage for public investors is FCIT’s sustained trading liquidity and healthy market depth:
- Average daily volume in the last 3 months is 457,150 shares, ensuring minimal friction and low spreads during potential scale-in or scale-out strategies.
- Market capitalization of £5.07 billion places it among the top-tier global investment trusts, supporting robust analyst coverage and institutional engagement.
- Float: The public float, with institutions holding 48.53% of shares, provides an ideal balance between stability and valuation dynamism, reducing the risk of illiquidity or price distortion common among smaller trusts.
This high liquidity, coupled with regular share buybacks, acts as a stabilising force—allowing investors to confidently accumulate positions over different market cycles.
Catalysts and Positive Outlook
F&C Investment Trust is poised to benefit from a convergence of near-term and medium-term catalysts:
- Ongoing Share Buybacks: The repurchase of more than 5% of its share capital in 2024 signals management’s conviction in undervaluation, while also enhancing per-share metrics.
- Cost Structure Enhancements: The reduction in ongoing charges to 0.45% and further fee tiering above £6bn AUM will further leverage net return generation—an increasingly rare attribute in the sector.
- Dividend Growth: The 54-year streak of dividend increases remains unmatched in the peer group, with 2024’s total payout of 15.6p (+6.1% YoY) a tangible draw for income-seeking investors.
- Portfolio Positioning: Themes likely to drive forward returns include significant exposure to technology leaders (Nvidia, Microsoft, Apple, Meta, Amazon) and strong US market positioning (>57% of portfolio). This ensures access to innovation upside as artificial intelligence, cloud computing, and consumer digitisation continue to reshape global commerce.
- ESG and Governance: The trust’s long-standing stewardship focus is an under-appreciated asset in an era of regulatory tightening and heightened sustainability scrutiny.
Market sentiment around global equities, particularly those with North American tech exposure, is again turning neutral-to-positive as 2025 unfolds. Any improvements in the global economic environment—or further upward momentum in Big Tech—are likely to act as tailwinds for NAV and share price. Moreover, favourable regulatory changes for UK-domiciled investment trusts reinforce the opportunity for both institutional and retail flows.
Investment Strategies
Whether one’s horizon is short, medium, or long term, several arguments emerge for strategic entry at current levels:
- Short Term: Recent range-bound trading near key support levels (1,000–1,047p) offers low-friction opportunities to position for a potential technical rebound, particularly if global equities extend their Q2 rally or positive fund flow momentum accelerates.
- Medium Term: The widening discount to NAV (currently 9.2%) vs. its historical range represents an appealing medium-term re-rating story, especially if buybacks and improved sentiment begin to close the gap. Additionally, upcoming board and management commentary around fee savings and expansion strategies could act as further catalysts.
- Long Term: The trust’s 150+ year pedigree, peer-leading dividend consistency, geographic and asset class diversification, and ongoing innovation point to a robust case for “buy and hold” allocation. The current valuation—discounted on both earnings and book value, yet with a proven delivery of shareholder value—strongly supports long-term compounding strategies, with dividend reinvestment magnifying returns over multi-year periods.
Entering as the stock consolidates near its technical floor—while fundamental and structural upgrades are underway—seems to represent an excellent opportunity to participate in the next phase of the trust’s secular growth.
Is it the Right Time to Buy F&C Investment Trust?
To summarise: F&C Investment Trust’s current positioning reflects a rare confluence of strengths—global diversification, a proven track record of value creation and consistently rising dividends, defensive balance sheet metrics, high portfolio liquidity, and a steadily improving cost structure. The recent widening of the discount to NAV may have opened an attractive entry point, while technical signals suggest the shares could soon transition from consolidation towards renewed outperformance, particularly if supported by macro or sector catalysts.
While the trust’s private equity allocation and valuation discount deserve ongoing vigilance, these do little to offset the compelling competitive advantages and bullish setup now in place. The consensus target price—over 30% above current levels—further underpins the stock’s re-rating potential as market sentiment improves.
In our view, the fundamentals and technical backdrop both justify renewed interest, and F&C Investment Trust may well be entering a new bullish phase in 2025. For investors seeking core global equity exposure with a bias to innovation, income, and risk-managed growth, FCIT seems positioned as one of the leading opportunities in its class. This is an ideal moment to consider adding exposure to a fund with a commanding long-term record and tangible near-term catalysts.
F&C Investment Trust’s blend of multi-market innovation, disciplined stewardship, and consistent shareholder returns offers a rare combination of quality and value. The current environment, with its technical and fundamental underpinnings, could mark the optimal point to gain or increase exposure to this enduring leader in global equity investment.
How to buy F&C Investment Trust stock in United Kingdom?
Buying F&C Investment Trust (FCIT) stock online is both straightforward and secure when you use a regulated UK broker. Investors have two main options: purchasing shares outright (spot buying) to become a shareholder, or trading Contracts for Difference (CFDs) to benefit from price movements without owning the stock. Both methods are accessible via trusted brokerage platforms, each catering to different investment goals. To help you choose the right approach, we offer a detailed broker comparison further down this page.
Spot Buying
A cash or spot purchase means you buy F&C Investment Trust shares, becoming a direct shareholder and eligible for dividends. This method is popular with long-term investors seeking to build wealth or receive regular income. UK online brokers typically charge a fixed commission per trade, commonly ranging from £1 to £10 per order.
Example
If the F&C Investment Trust share price is 1,047p (£10.47), you can buy around 95 shares with a £1,000 investment, factoring in a typical broker fee of £5. After purchase, you directly own these shares.
✔️ Gain scenario
If the share price rises by 10%, your holdings are now worth £1,100.
Result: £100 gross gain, or +10% on your original investment.
Trading via CFD
CFD (Contract for Difference) trading allows you to speculate on F&C Investment Trust’s share price without actually owning the underlying shares. CFDs are popular for their flexibility and the ability to use leverage, which increases your market exposure with a smaller upfront commitment. Brokerage fees for CFDs revolve around the bid-ask spread, and holding positions overnight usually incurs daily financing charges.
Example
You open a CFD position on F&C Investment Trust shares with £1,000 and use 5x leverage. This gives you exposure to £5,000 worth of stock. If the price rises by 8%, your position gains 40% (8% × 5).
✔️ Gain scenario
A £1,000 stake with 5x leverage returning 8% results in a £400 gain (excluding fees and interest). Remember, leverage amplifies both gains and potential losses.
Final Advice
Before you start investing, it’s vital to compare each broker’s fees, trading platforms, and conditions. The ideal method depends on your financial goals: long-term investors may prefer buying shares outright, while active traders or those seeking market flexibility might choose CFDs. For a detailed comparison of trusted UK brokers, see our broker overview below to find the partner best suited to your investment strategy.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying F&C Investment Trust stock
| 📊 Step | 📝 Specific tip for F&C Investment Trust |
|---|---|
| Analyse the market | Review recent performance, noting F&C Investment Trust’s resilience and modest outperformance of its global benchmark—even amid market volatility and widening NAV discount. |
| Choose the right trading platform | Opt for a UK-based broker offering cost-effective access to the London Stock Exchange and ISA/SIPP eligibility so you can benefit from tax-efficient investing in FCIT. |
| Define your investment budget | Decide on an amount appropriate for your goals, remembering FCIT’s broad diversification, moderate volatility (low beta), and steady dividends make it suitable for core portfolio holdings. |
| Choose a strategy (short/long term) | Consider a long-term investment horizon, leveraging FCIT’s track record of 54 consecutive annual dividend increases and 10-year annualised returns over 12%. |
| Monitor news and financial results | Regularly check F&C Investment Trust’s financial releases, management updates, and discount to NAV, especially around quarterly and annual reports and dividend announcements. |
| Use risk management tools | Use stop-loss orders or trailing stops to manage downside risk; be mindful of technical indicators like RSI (overbought) and support/resistance levels before committing capital. |
| Sell at the right time | Reassess your position if the discount to NAV narrows significantly or if FCIT’s fundamentals or management strategy change; consider trimming if the price nears resistance after strong runs. |
The latest news about F&C Investment Trust
F&C Investment Trust posts a 1.94% share price gain over the last week, outpacing the FTSE All-World Index. Over the past seven days, F&C Investment Trust’s stock price increased by 1.94%, comfortably beating recent LSE peer averages and showing resilience in a mixed global market environment. This positive weekly performance comes alongside a 6.59% annual gain, further reinforcing investor confidence in the trust’s ability to generate attractive returns for its UK shareholders.
The trust announces its 54th consecutive dividend increase, raising the total payout for 2024 by 6.1%. F&C Investment Trust has declared its final 2024 dividend, resulting in a record 15.6p annual payout per share—a 6.1% year-on-year rise. This marks the 54th consecutive annual increase, significantly outpacing UK inflation and underlining the trust’s commitment to delivering rising income to its predominantly UK-based retail and institutional investors. The trust remains eligible for inclusion in ISAs and SIPPs, enhancing its appeal for UK savers seeking tax-efficient, inflation-beating income streams.
A revised management fee structure from January 2025 will further reduce ongoing charges for UK investors. Starting this year, F&C Investment Trust introduced a lower, tiered management fee framework, bringing ongoing charges down to 0.45%, compared to 0.49% in 2023. This reduction, combined with a new, even lower tier on assets above £6 billion, directly benefits UK investors by improving net returns and underscores the board’s proactive approach in seeking cost efficiencies amid a competitive investment trust market.
The trust’s 2024 annual results show a 21.0% NAV total return and 16.9% share price total return, outpacing its global benchmark. F&C Investment Trust reported robust full-year results, with net assets delivering a 21.0% total return and its share price producing a 16.9% total return, both exceeding the FTSE All-World Index’s 19.3% performance. The trust’s diversified global equity exposure, especially significant allocations to US technology giants and strong performance in North America and Japan, has been a key driver of these results, cementing its reputation among UK investors for steady, active management.
Strategic share buybacks in 2024 supported the share price and mitigated the broadening discount to NAV. During the last year, F&C Investment Trust repurchased 5.3% of its issued share capital—equating to 27.3 million shares—helping manage the discount to net asset value, which widened from 5.9% to 9.2%. These buybacks demonstrate active capital management and an ongoing effort to enhance shareholder value, actions that have been well received by analysts and the investment community in the UK.
FAQ
What is the latest dividend for F&C Investment Trust stock?
F&C Investment Trust continues its impressive track record, announcing its 54th consecutive annual dividend increase. For 2024, the total dividend is 15.6p per share, with a final payment of 4.8p per share. This final dividend was paid after the annual results announcement. The current dividend yield stands at 1.48%, and the trust is known for reliable, inflation-beating dividend growth, making it attractive to income-seeking investors.
What is the forecast for F&C Investment Trust stock in 2025, 2026, and 2027?
Based on the current share price of 1,047.00p, the projected values stand at 1,361.10p by the end of 2025, 1,570.50p by the end of 2026, and 2,094.00p by the end of 2027. These projections are supported by the trust’s strong long-term track record, robust global portfolio, continued fee reductions, and strategic weightings towards high-growth regions and sectors.
Should I sell my F&C Investment Trust shares?
Holding onto your F&C Investment Trust shares may be sensible, given the trust’s consistent performance, its 54-year dividend growth streak, and a diversified portfolio that has outperformed benchmarks over the long term. The current valuation, proactive fee reductions, and experienced management team add to its resilience. Investors looking for global exposure and reliable income may find it worthwhile to continue holding, particularly with the trust’s strong fundamentals and strategic positioning.
Are F&C Investment Trust shares eligible for UK ISAs or SIPPs, and how are dividends taxed?
Yes, F&C Investment Trust shares are fully eligible for ISAs and SIPPs, making them a tax-efficient investment choice for UK residents. Dividends received within these wrappers are tax-free, and any capital gains are exempt from UK capital gains tax. Outside these accounts, dividends may be subject to income tax if your total dividends exceed the annual allowance, though there is no UK withholding tax applied.
What is the latest dividend for F&C Investment Trust stock?
F&C Investment Trust continues its impressive track record, announcing its 54th consecutive annual dividend increase. For 2024, the total dividend is 15.6p per share, with a final payment of 4.8p per share. This final dividend was paid after the annual results announcement. The current dividend yield stands at 1.48%, and the trust is known for reliable, inflation-beating dividend growth, making it attractive to income-seeking investors.
What is the forecast for F&C Investment Trust stock in 2025, 2026, and 2027?
Based on the current share price of 1,047.00p, the projected values stand at 1,361.10p by the end of 2025, 1,570.50p by the end of 2026, and 2,094.00p by the end of 2027. These projections are supported by the trust’s strong long-term track record, robust global portfolio, continued fee reductions, and strategic weightings towards high-growth regions and sectors.
Should I sell my F&C Investment Trust shares?
Holding onto your F&C Investment Trust shares may be sensible, given the trust’s consistent performance, its 54-year dividend growth streak, and a diversified portfolio that has outperformed benchmarks over the long term. The current valuation, proactive fee reductions, and experienced management team add to its resilience. Investors looking for global exposure and reliable income may find it worthwhile to continue holding, particularly with the trust’s strong fundamentals and strategic positioning.
Are F&C Investment Trust shares eligible for UK ISAs or SIPPs, and how are dividends taxed?
Yes, F&C Investment Trust shares are fully eligible for ISAs and SIPPs, making them a tax-efficient investment choice for UK residents. Dividends received within these wrappers are tax-free, and any capital gains are exempt from UK capital gains tax. Outside these accounts, dividends may be subject to income tax if your total dividends exceed the annual allowance, though there is no UK withholding tax applied.
