The Temple Bar Investment Trust is a London Listed £700m investment trust. Managed by Investec Fund Managers, founded in 1926.
http://www.templebarinvestments.co.uk/
HSBC Holdings Plc 7.3%
GlaxoSmithKline Plc 6.3%
Royal Dutch Shell Plc B 6.3%
BP Plc 5.4%
Grafton Group Plc-UTS 4.8%
Royal Bank Of Scotland Group Plc 4.0%
Lloyds Banking Group PLC 3.7%
British American Tobacco 3.4%
Direct Line Insurance Group PLC 2.8%
BT Group Plc 2.6%
The top ten account for 46.6% of the £700m fund. Very positive to see that The Temple Bar Investment Trust PLC, is holding investments in high quality companies like the world’s leading media and telecommunications corporation, www.btplc.com.
It gives a yield of 3.7% which is quite generous in these 0.5% times.
It is currently running at a discount of 3% meaning one is buying assets of £1.00 for just £0.97