{"id":372,"date":"2013-11-18T07:47:51","date_gmt":"2013-11-18T07:47:51","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=372"},"modified":"2013-11-18T07:47:51","modified_gmt":"2013-11-18T07:47:51","slug":"fund-focus-the-edinburgh-investment-trust","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=372","title":{"rendered":"Fund Focus: The Edinburgh Investment Trust"},"content":{"rendered":"<p>The Edinburgh Investment Trust plc is a listed investment company, whose market capitalisation is \u00a31,136 million = <strong>\u00a31.136 Billion<\/strong><\/p>\n<p>[<a title=\"The Edinburgh Investment Trust PLC\" href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10171&amp;record_search=1&amp;search_phrase=ed\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10171&amp;record_search=1&amp;search_phrase=ed<\/a>]<\/p>\n<p>Day to day management is by Invesco Perpetual, currently managed by Neil Woodford, who shortly will depart from Invesco Perpetual.<\/p>\n<p>Its top 10 holdings are:<\/p>\n<p><strong>GlaxoSmithKline 8.9%<\/strong> of the portfolio<br \/>\n<strong>AstraZeneca 8.7%<\/strong> of the portfolio<br \/>\n<strong>BT 7.8%<\/strong> of the portfolio<br \/>\n<strong>British American Tobacco 6.3%<\/strong> of the portfolio<br \/>\n<strong>Roche &#8211; Swiss common stock 6.2%<\/strong> of the portfolio<br \/>\n<strong>BAE Systems 5.6%<\/strong> of the portfolio<br \/>\n<strong>Imperial Tobacco 5.2%<\/strong> of the portfolio<br \/>\n<strong>Reckitt Benckiser\u00a0 4.6%<\/strong> of the portfolio<br \/>\n<strong>Reynolds American &#8211; US common stock 4.4%<\/strong> of the portfolio<br \/>\n<strong>Capita 4.3%<\/strong> of the portfolio<\/p>\n<p>The top 10 holdings make up <strong>62% of the \u00a31.136 Billion.<\/strong><\/p>\n<p>Looking at the total portfolio [<a title=\"Asset Fundamentals\" href=\"http:\/\/www.invescoperpetual.co.uk\/site\/ip\/pdf\/The-Edinburgh-Investment-Trust-plc-portfolio-disclosure.pdf\" target=\"_blank\">http:\/\/www.invescoperpetual.co.uk\/site\/ip\/pdf\/The-Edinburgh-Investment-Trust-plc-portfolio-disclosure.pdf<\/a>]<\/p>\n<p>It only has holdings in <strong>46 companies<\/strong>.<\/p>\n<p>Interesting to note that the largest single holding of the Edinburgh Investment Trust, is <strong>GlaxoSmithKline<\/strong>.<br \/>\nIt owns <strong>7,733,586 shares<\/strong>. Today <strong>GlaxoSmithKline has a share structure of 4,862,666,685 shares<\/strong>.<br \/>\nThis means that the <strong>Edinburgh Investment Trust plc owns 0.15% of GlaxoSmithKline PLC<\/strong>.<\/p>\n<p>The yield on Edinburgh Investment Trust plc is <strong>3.9%<\/strong>. Incredible yield in this low interest rate climate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Edinburgh Investment Trust plc is a listed investment company, whose market capitalisation is \u00a31,136 million = \u00a31.136 Billion [http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=10171&amp;record_search=1&amp;search_phrase=ed] Day to day management is by Invesco Perpetual, currently managed by Neil Woodford, who shortly will depart from Invesco Perpetual. Its top 10 holdings are: GlaxoSmithKline 8.9% of the portfolio AstraZeneca 8.7% of the portfolio [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-372","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=372"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/372\/revisions"}],"predecessor-version":[{"id":373,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/372\/revisions\/373"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}