UPDATE (Sep 2026): FGT's returns have continued to lag the market in 2025 and 2026, leading to shareholders being offered a continuation vote at its 2026 AGM, which was passed with 97% in favour. The trust is increasing its dividend and its gearing, and has cut its management fee. FGT returned -0.1% in the year to September 2025 versus +16.2% for its benchmark and -14.4% in the six months to March 2026 versus +8.9% for its benchmark.

Finsbury Growth & Income (ticker: FGT) was launched in 1926 and has been managed by Nick Train of Lindsell Train since December 2000. Lindsell Train is famou...