Watch our Investment Director, James Hart’s presentation for Investor Meet Company.
Friday, 10 November 2023
Witan’s Investment Director, James Hart, recently delivered a live presentation for Investor Meet Company. During this insightful session, James discusses Witan’s strategy, portfolio and performance, and provides his outlook for the Trust over the coming months.
Witan Investment Trust is an equity investment. 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. This video refers to the performance of Witan Investment Trust. At the time that this video was filmed (31 October 2023) the discrete performance of the Trust was:
Discrete Performance*
| Q3 2018 Q3 2019 | Q3 2019 Q3 2020 | Q3 2020 Q3 2021 | Q3 2021 Q3 2022 | Q3 2022 Q3 2023 | |
|---|---|---|---|---|---|
| Share Price | 0.3 | -11.2 | 34.5 | -11.5 | 8.5 |
| Net Asset Value‡ | 1.4 | -6.3 | 33.1 | -11.2 | 10.0 |
| Benchmark# | 5.4 | 2.6 | 23.3 | -3.5 | 11.5 |
| NAV-Benchmark Relative | -4.0 | -8.9 | 9.8 | -7.7 | -1.6 |
|
Relative numbers may not add up due to rounding. |
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For a full overview of the Trust’s performance please visit www.witan.com. 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. Any reference to individual securities does not constitute a recommendation to purchase, sell or hold the investment. 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. No reliance may be placed for any purpose on the information and opinions contained in the presentations or their accuracy or completeness.
Issued and approved by Witan Investment Services Limited FRN: 446227 on 10th November 2023.