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Trust Profile -  British Assets Trust PLC (LSE:BSET)

107.40p     1.20p (-1.12%)

FTSE 250    Equity Investment InstrumentsMarket cap: £312.654m

British Assets Trust PLC
Aim

To achieve a total return in excess of a composite index, weighted as to 75% FTSE All-Share Index and 25% FTSE World (ex-UK) Index, by investing principally in a diversified international portfolio of equities and equity related securities.

Within this overall objective, the Company aims to maintain a progressive dividend policy which will be dependent upon, inter alla, the rate of revenue growth within the investment portfolio and the level of dividend cover.

Highlights
  • Established in 1898 and managed by F&C ever since
  • Among the largest investment trusts in its sector
  • Pays dividends four times a year
Benchmark

75% FTSE All-Share Index / 25% FTSE All-World (ex-UK) Index

Top ten equity holdings 31st October 2009
HSBC 5.3%
BP 5.2%
GlaxoSmithKline 4.0%
Royal Dutch Shell 3.7%
Vodafone Group 3.4%
Rio Tinto 3.3%
British American Tobacco 2.5%
Tesco 2.2%
AstraZeneca 2.2%
Scottish & Southern Energy 2.0%
Total 33.8%


Savings plans available for investment: Other trusts managed by F&C:
F&C Investment Trust ISA
F&C Private Investor Plan
F&C Children's Investment Plan
F&C Child Trust Fund
Active Capital Trust
British Assets Trust
European Assets Trust N.V
F&C Capital and Income Investment Trust
F&C Commercial Property Trust
F&C Global Smaller Companies
F&C Managed Portfolio Trust
F&C Private Equity Trust
F&C UK Select Trust
F&C US Smaller Companies
Foreign & Colonial Eurotrust
Foreign & Colonial Investment Trust
Graphite Enterprise Trust
Investors Capital Trust
IRP Property Investments Limited
ISIS Property Trust
Pacific Assets Trust

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