Edinburgh Investment Trust

What Edinburgh Investment Trust does

Edinburgh Investment Trust PLC is a UK investment trust established in 1889 and listed on the London Stock Exchange (LSE: EDIN). The trust holds a concentrated portfolio of approximately 40-50 UK and overseas equities managed by the Liontrust Global Fundamental team under Portfolio Manager Imran Sattar and Deputy Portfolio Manager Emily Barnard. Its investment process is flexible and style-agnostic, combining growth, value, and recovery-oriented companies, with the objective of exceeding the FTSE All-Share Index total return on a NAV basis and growing the dividend faster than UK inflation. The trust employs gearing (4.9% net, 6.0% gross) to enhance returns and maintains an active share of 67.67%, indicating a high-conviction, differentiated portfolio relative to its benchmark.

As of 31 May 2026, the trust reported gross assets of £1.1 billion, NAV per ordinary share of 874.3p, and a share price of 811.0p, trading at a -7.2% discount to NAV. It generates fee-related revenue through an ongoing charge of 0.50% applied to gross assets, covering portfolio management (delivered by Liontrust), administration, and operational costs. The trust has executed monthly share buybacks since March 2020, repurchasing shares at an approximate 8.5% discount to NAV and accumulating treasury shares representing 32.5% of issued capital. Distribution is conducted through discretionary wealth managers, independent financial advisers, and execution-only investment platforms, with no direct retail subscription model. The board comprises independent non-executive directors chaired by Elisabeth Stheeman.

Name

Edinburgh Investment Trust

Legal name

Edinburgh Investment Trust plc

Website

https://edinburgh-investment-trust.co.uk

Company type

Public

Founded year

1889

Operating status

Operating

Headcount range

1–10 employees

Short description

Edinburgh Investment Trust is a UK-listed investment trust founded in 1889, managing £1.1 billion in a concentrated 40-50 holding equity portfolio. It serves UK income and growth investors via the Liontrust Global Fundamental team, targeting FTSE All-Share outperformance and dividend growth above UK inflation.

Ownership category

akta.pro rank

Product category

Investment Trust

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro primary industry

Index Mutual Funds (Non-ETF) (FSAAAEAE)

Keywords

• Investment trust
• UK equities
• Equity income
• Portfolio management
• Dividend growth

Headquarters

HQ city

Edinburgh

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Management fees / Ongoing charges: The trust generates revenue through an ongoing charge of 0.50% applied to gross assets. This covers the cost of portfolio management, administration, and other operational expenses of the investment trust.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Edinburgh Investment Trust plc is a publicly listed UK equity income investment trust (LSE: EDIN) that offers investors a high-conviction portfolio of 40-50 UK and overseas listed equities managed by the Liontrust Global Fundamental team. The trust targets total returns exceeding the FTSE All-Share Index and dividend growth faster than UK inflation, using a flexible, style-agnostic process combining growth, value, and recovery companies, with gearing employed to enhance returns.

Product overview

Edinburgh Investment Trust is a single, unified investment trust product — an investment vehicle rather than a software platform. It offers investors access to a high-conviction portfolio of 40-50 UK and overseas listed equities managed by the Liontrust Global Fundamental team. The trust's investment process is flexible and style-agnostic, combining growth, value, and recovery-oriented companies. The product delivers total returns through both capital appreciation and dividend income, with the objective of outperforming the FTSE All-Share Index and growing dividends ahead of UK inflation. The trust utilizes gearing (borrowing) to enhance returns and has been repurchasing its own shares since 2020 to manage its discount to net asset value.

Differentiator

Problem solved

Functional benefit

Products and services

• Edinburgh Investment Trust plc (LSE: EDIN) Public UK equity income investment trust offering a high-conviction portfolio of 40-50 UK and overseas listed equities managed by the Liontrust Global Fundamental team, targeting total returns exceeding the FTSE All-Share Index and dividend growth faster than UK inflation. Shares are purchased through the London Stock Exchange, wealth managers, IFAs, and execution-only platforms by UK retail investors.

Quantifiable outcome

• NAV total return of 7.9% for six months ending September 2025
• +4 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AssetTrace+minorOthersAsset Reunification Programme partnership with AssetTrace+ to help shareholders locate and reunify uncaptured or unclaimed assets. This is a shareholder service initiative rather than a core business partnership.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bankers Investment Trust: UK-listed global equity investment trust managed by Janus Henderson, comparable in structure, investor base, and focus on long-term total return through active global equities.
• Witan Investment Trust: UK-listed multi-manager investment trust investing globally across equities, similar in vehicle structure and UK IFA distribution channel to Edinburgh Investment Trust.
• RIT Capital Partners: Large UK-listed investment trust with a flexible global mandate focused on long-term capital growth, comparable in scale and structure though with a broader multi-asset remit.
• Brunner Investment Trust: UK-listed global equity investment trust with a flexible multi-style mandate, very similar in structure, size range, and income/growth orientation to Edinburgh Investment Trust.
• F&C Investment Trust: Long-established UK-listed global equity investment trust, direct competitor for UK IFA and wealth-manager mandates with comparable scale and dividend-growth objective.
• Alliance Trust: Diversified global equity investment trust listed in the UK, comparable in mandate flexibility, scale, and target investor base to Edinburgh Investment Trust.
• Henderson International Income Trust: UK-listed investment trust focused on income generation from global equities, directly comparable in income-investor targeting and ongoing-charge structure to Edinburgh Investment Trust.
• City of London Investment Trust: UK-focused equity income investment trust with a long history, directly comparable in dividend-growth objective, UK equity bias, and income-investor appeal.
• JPMorgan Elect: UK-listed investment trust managed by JPMorgan, offering actively managed global equity exposure with a similar investor base and IFA distribution profile.
• Scottish Mortgage Investment Trust: Large UK-listed closed-end investment trust focused on global equities, comparable in structure, distribution channel (UK IFAs/wealth managers), and investor base to Edinburgh Investment Trust.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/edinburgh-investment-trust-plc
• Xx.com/Edinburgh_Trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Edinburgh Investment Trust