REG - Edinburgh Inv. Trust - Portfolio Manager Succession - Timetable

Edinburgh Investment TrustAnnouncement

11/01/2024 07:00

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RNS Number : 2972Z  Edinburgh Investment Trust PLC  11 January 2024

Portfolio manager succession - timetable

The Directors of the Edinburgh Investment Trust plc ("the Company") confirm
that, in-line with the statement issued on 3 October 2023, Imran Sattar will
become the Company's portfolio manager on 6 February 2024.

As portfolio manager, Imran will continue to apply the same flexible
investment process that has been the hallmark of the portfolio since March
2020. Other than the change of portfolio manager, there will be no change to
the Company's two investment objectives, strategy or the portfolio's key
features - namely a high conviction portfolio of 40 to 50 differentiated
holdings, primarily invested in UK equities, underpinned by fundamental
company research.

The Directors also announce that from 6 February 2024 Emily Barnard will be
the Company's deputy portfolio manager. Emily is a Fund Manager on Liontrust's
Global Fundamental team with nine years of investment experience. Emily joined
Liontrust in April 2022 as part of the acquisition of Majedie Asset Management
where she was an Equity Analyst for six years. Prior to joining Majedie in
2016, Emily completed a two year rotational graduate programme at the Wellcome
Trust, focusing on equity analysis. Emily holds a Master of Physics degree in
Theoretical Physics from Durham University, is a CFA charterholder and holds
the CFA Certificate in ESG Investing.

Enquiries

Edinburgh Investment Trust plc

Elisabeth Stheeman (Chair)                         via
Montfort below

Liontrust Fund Partners LLP

James
Mowat
+44 20 3908 8822

Investec Bank plc

Tom
Skinner
+44 20 7597 4196

Montfort Communications Ltd

Gay
Collins
+44 7798 626282

Shireen
Farhana
+44 7757 299250

Ella
Henderson
+44 7762 245122

eit@montfort.london

Notes

The Company's twin objectives are (1) an increase of the Net Asset Value per
share in excess of the growth of the FTSE All-Share index and (2) growth in
dividends per share in excess of the rate of inflation. To achieve this, the
portfolio manager constructs a high-conviction, differentiated and diversified
portfolio of listed equities. The investment approach is flexible and 'total
return', i.e. shareholder returns should come through a combination of income
and capital growth over the long term. Stocks that might be labelled 'growth',
'value' and 'recovery' may all be held. At least 80% of assets are invested in
UK-listed shares.

LEI: 549300HV0VXCRONER808

 

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