Insights

This material is a marketing communication issued and approved by Witan Investment Services Limited FRN 446227 on 10/03/23, registered in England no. 5272533 of 14 Queen Anne’s Gate, London SW1H 9AA. The VAT registration number for Witan Investment Services is 863 5738 89. Witan Investment Services is authorised and regulated by the Financial Conduct Authority. We may record telephone calls for our mutual protection and to improve customer service. It is for information purposes only and does not constitute a solicitation or a personal recommendation in any jurisdiction. Investments and or investment strategies mentioned in the video may not be suitable or appropriate for all recipients. It is your responsibility to seek investment advice before making an investment decision.

This video refers to the performance of Witan Investment Trust. At the time that this video was filmed (March 2023) the discrete performance of the Trust was:

^{* Source: Morningstar, percentage growth to 31st December each year. Total return includes the notional investment of dividends.
 ** The Net Asset Value figures value debt at fair value.
*** Witan’s benchmark is a composite of 85% Global (MSCI All Country World Index) and 15% UK (MSCI UK IMI Index). From 01.01.2017 to 31.12.2019 the benchmark was 30% UK, 25% North America, 20% Asia Pacific, 20% Europe (ex UK), 5% Emerging Markets. From 01.10.2007 to 31.12.2016 the benchmark was 40% UK, 20% North America, 20% Europe (ex UK) and 20% Asia Pacific. The benchmark changes since 2007 reflect a shift from the UK in favour of a more international strategic asset allocation, together with an index simplification from 2020. For more information go to http://www.witan.com/support/legal-information}

For a full overview of the Trust’s performance please visit www.witan.com. Please remember past performance is not a guide to future performance and the value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuations and you may not get back the amount originally invested.

Investment trusts and closed-ended funds are allowed to borrow. This is known as ‘gearing’. In a rising market, it will tend to enhance returns because of the investment fund’s increased exposure to the market. By the same token, however, it will tend to increase losses triggered by a falling market and a sufficiently large fall in value could mean you get nothing back at all. Funds may, however, increase or decrease their levels of gearing to suit market conditions. The share price may trade above and below the NAV per share representing either a premium or discount to the share price respectively.