Alliance Trust PLC Alliance Trust Plc - Change In Investment Objective And Policy
April 25 2019 - 8:40AM
UK Regulatory
TIDMATST
25 April 2019
Alliance Trust PLC
Change of Investment Objective and Policy
The Board of Directors of Alliance Trust PLC (the "Trust") wishes to
announce that with effect from 25 April 2019 shareholders have approved
changes to the wording of the Trust's Investment Objective and Policy.
The changes in wording that were approved are:
-- To explain that the Trust will continue to primarily invest in global
equities and to have as its objective that it shall be a core investment
delivering a real return over the long term through capital growth and a
rising dividend.
-- To explain that through our investment manager we appoint a number of
stock pickers with different styles and approaches who each select and
invest in equities across a wide range of different sectors and
industries for our portfolio.
-- To make clear that we will continue to achieve an appropriate spread of
risk by holding a diversified portfolio with no single investment
exceeding 10% (at the time of investment) of the Trust's total assets.
-- To confirm no change to our use of gearing which will continue to be a
maximum of 30% of the Trust's net assets and that derivatives can be used
to hedge, enhance and protect positions.
The full text of the Investment Objective and Policy can be found on the
Trust's website www.alliancetrust.co.uk
https://www.globenewswire.com/Tracker?data=Q0CVa2HUwkLkX7UzduxDd6hvS-LtuqJvWveD7BziGktVzaL-sVDScpQJwLSH1WqeGr8rMeLQt-It8lRlviwhMw==
Alliance Trust PLC
01382 321010
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April 25, 2019 08:40 ET (12:40 GMT)
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