The Bankers Investment Trust Plc Analysis

Overview

Objective

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Prices Index (‘CPI’), by investing in companies listed throughout the

world.

Highlights

Since 1888 the Company has sought income and capital growth for shareholders with a globally diversified portfolio.

Performance

The following information was extracted from The Bankers Investment Trust Plc's Half Year, released on 25 June 2026:

The six months to 30 April 2026 witnessed their fair share of geopolitical events. The on-off nature of US trade tariffs as well as the escalation of the conflict with Iran created volatility in markets. The world feels an uncomfortable place; however, despite the challenges, economies and corporate profits have continued to grow. By historic standards unemployment is low and wage growth continues to support consumer spending despite the higher level of inflation. Bond yields have risen in recent months reflecting worries about stagflation but share prices rebounded in April in the hope of a ceasefire. Your Company has delivered a net asset value total return over the six months ended 30 April 2026 of +3.7% (2025: -4.0%) and a share price total return of +6.5% (2025: +0.1%), compared with the FTSE World Index benchmark total return of +5.5% (2025: -2.6%) over the same period. The portfolio’s regional allocation has been a positive contributor to performance during the period, especially the overweight allocation to Japan. Sectoral performance has seen a wide dispersion of returns. Energy and materials sectors have outperformed over the period while consumer driven sectors have lagged. The Fund Managers discuss at greater length the key drivers of performance in their report.