Witan Investment Trust tweaks benchmark to include greater global contribution


Investment company Witan Investment Trust said it had reviewed its performance benchmark and would reduce its UK component.

The UK FTSE All Share Index would not comprise 15% of the benchmark, down from 30%.

The global FTSE All World Index would now comprise 85%, up from 70%.

'The company's benchmark, which is used as a reference point for comparing performance, has evolved over time to reflect changes in the investment universe from which most of the portfolio holdings are chosen,' Witan said.

Related content

Witan Investment Trust misses benchmark as performance slumps

Investment group Witan Investment Trust posted a negative annual performance that missed its benchmark.

The company's net asset value total return per share for the...

Tue, 02/06/2020 - 07:44

Vanguard’s little-known active fund beats Alliance Trust and Witan

Investment trusts Alliance Trust (ATST) and Witan (WTAN) are two popular funds in the UK. Investors like the way they use...

Thu, 09/04/2020 - 00:00

Two things you must seek in fund managers’ latest reports

The start of April means fund managers should now being issuing their latest quarterly reports. Normally that wouldn’t be anything out of the ordinary,...

Thu, 02/04/2020 - 00:00

Witan Investment Trust benefits from strong equity markets

Witan Investment Trust outperformed its benchmark by 1% during 2019, with a net asset value total return of 21.3%.

On a five-year basis, the...

Thu, 12/03/2020 - 07:44