UPDATE: Total NAV returns at F&C were -5% in 2022, +11% in 2023, +21% in 2024, +12% in 2025, and +12% in the first half of 2026. A 4-for-1 share split took place in early 2026. As of July 2026, the trust was marginally behind its benchmark over the past three and five years, at 56% versus 58% and 69% versus 73%, but sat in second and first place out of nine trusts over those periods in the AIC's Global sector.

F&C Investment Trust (ticker: FCIT) was the first investment company to be launched in 1868. Originally set up to invest in overseas government securities, over several decades ...