The City of London Investment Trust plc

The City of London Investment Trust plc, a closed-ended equity investment company established in the United Kingdom in 1860 (formerly TR City of London Trust PLC), is primarily managed by Henderson Investment Funds Limited, with Henderson Global Investors Limited serving as co-manager. The Trust strategically allocates capital to publicly listed companies across diverse sectors within the United Kingdom's equity markets. Its core investment approach targets growth stocks that also offer a dividend yield. The portfolio is constructed through rigorous fundamental analysis, prioritizing businesses that exhibit robust balance sheets, strong cash flow generation, and considerable potential for capital appreciation. The performance of its holdings is benchmarked against the size-weighted average of the AIC UK Growth & Income sector.