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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.Opening remarks and agenda
Presentation began with an overview of interim results and a review of 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 at 12.6%, with NAV return at 12.4%.
Net revenue return per share increased by 8.4%; ongoing charges remained flat at 0.45%.
Exceptional returns from individual stocks, notably Sandisk (+872%), SK Hynix (+284%), and Applied Materials (+186%).
Private equity holdings returned 9%, lagging listed equities but still positive.
Portfolio allocations shifted, with increased exposure to emerging markets and global strategies, and reduced U.S. core holdings.
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.
- NAV rose 12.4% in H1 2026, dividends increased, and AI-driven gains led market performance.FCIT
H1 2026 - Strong 2025 returns, higher dividend, and a proposed share split highlight robust performance.FCIT
H2 2025 - Global equity focus, strong long-term returns, and AI-driven themes support resilient growth.FCIT
Investor update - NAV total return lagged the benchmark, but dividend growth and portfolio resilience remain strong.FCIT
H1 2025 - NAV total return was 13.2%, but shareholder return lagged at 6.4% due to a wider discount.FCIT
H1 2024 - Outperformed benchmark with strong returns, higher dividend, and lower costs amid global uncertainty.FCIT
H2 2024
Next F&C Investment Trust earnings date
Next F&C Investment Trust earnings date
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