ELECTRIC AND GENERAL

Electric & General Investment Fund (‘Electric & General') is an open ended investment company with variable capital (‘OEIC') which invests in an international portfolio of companies selected for their growth and above average income prospects. The fund was created as a result of the unitisation of the Electric & General Investment Trust (‘EGIT') in August 2011. The history of the investment trust can be traced back as far as 1890, and since that time has invested on behalf of thousands of people worldwide... Investors have moved quickly to anticipate recession as central banks belatedly react to spiking inflation. The Fund has been less defensive than we hoped, ending the quarter down -10.7% compared to -10.1% for the global comparator. We continue to work hard to retain our focus on long-term outcomes and we believe many companies in the portfolio offer excellent value today. Alphabet is representative. Its shares are caught in the tech downdraft this year and now have a trailing..

Registration numbers: 6923395 (W), IC000907 (W)

Primary location: Peterborough United Kingdom