The Trust’s investment process aims to deliver three clear aims:
- Share price total return above the FTSE All-Share Index over a 5-year period.
- Dividend growth of 4% per annum for Shareholders.
- Share price volatility lower than the FTSE All-Share Index.
Our investment process can be summarised as below;
We invest in profitable, high-quality businesses that we believe can grow for many years to come. We favour large, global companies that have demonstrated their resilience through varied economic conditions. We value proven business models, capable of producing long-term, cash flow growth. Troy invests without reference to benchmark weightings and endeavours to look beyond short-term market noise.
We seek to:
1
Own durable business franchises with exceptional economics, sustainable competitive advantages and high-quality management teams who allocate capital in the best long-term interests of stakeholders.
2
Invest in companies with an ability and willingness to pay sustainable, growing dividends, supported by strong balance sheets and funded from genuinely surplus cash flow.
3
Buy into companies at attractive free cash flow and dividend yields.
