F&C Investment Trust
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F&C Investment Trust (FCIT) investor relations material

F&C Investment Trust AGM 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2026 summary4 Aug, 2026

Opening remarks and agenda

  • Presentation began with an overview of interim results and performance drivers, followed by discussion of market outlook, opportunities, and risks.

Financial performance review

  • Shareholder return for the first half was 12.8%, slightly ahead of the benchmark and NAV return of 12.4%.

  • Net revenue return per share increased by 8.4%; ongoing charges remained flat at 0.45%.

  • Exceptional individual stock returns, notably in semiconductors and AI-related names, drove performance.

  • Private equity holdings returned 9%, lagging listed equities but still positive.

  • Portfolio allocations shifted, with reduced U.S. exposure and increased emerging markets and global focus.

Dividend announcements

  • Interim dividend announced at GBP 0.99 per share; board committed to a 56th consecutive annual rise in 2026.

  • Revenue reserves remain high, supporting future dividend growth.

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