BRUNNER INVESTMENT TRUST PLC (THE) ORD GBP0.25
Symbol: BUT
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 3rd May 2020 to 3rd May 202125.51%
- 3rd May 2021 to 3rd May 202210.06%
- 3rd May 2022 to 3rd May 20235.66%
- 3rd May 2023 to 3rd May 202425.23%
- 3rd May 2024 to 3rd May 20255.34%
Key Information
| Benchmark | N/A |
| Sector | IT Global |
| Gearing | 107% |
| Ex-Dividend Date | 20 Feb 2025 |
| Dividend Pay Date | 4 Apr 2025 |
| Total Dividends - Year to Date | 23.75 |
| Dividend Yield (%) | 1.7857 |
Net Asset Value (Nav)
| Latest actual NAV | 1,374.34 |
| Latest actual NAV date | 1/05/2025 |
| NAV frequency | Daily |
| Premium/Discount | -2.06% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
0.67% |
| Performance Fee | No |
| AMC | 0.45% |
|
Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.67% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
The Brunner Investment Trust PLC (The Trust) is a United Kingdom-based investment company. The Trust’s investment objective is to provide growth in capital value and dividends for investors over the long term through investing in a portfolio of global and United Kingdom equities. Its benchmark against which performance is measured is 70% FTSE World ex-United Kingdom Index and 30% FTSE All-Share Index. The maximum holding in any single stock is limited to 10% of gross assets in stock at the time of investment and its portfolio consists of at least 50 stocks. It invests up to 15% of its gross assets in other United Kingdom-listed investment companies. It invests in various sectors, such as industrials, financials, healthcare, information technology, consumer discretionary, energy, materials, consumer staples, utilities, and real estate. Its manager or alternative investment fund manager (AIFM) is Allianz Global Investors GmbH.
Financial Summary
BRIEF: For the fiscal year ended 30 November 2024, Brunner Investment Trust Plc revenues increased from £46.4M to £102.5M. Net income increased from £40.6M to £96.1M. Revenues reflect Realized G/L on Investments Securities increase from £32.2M to £87.4M, Income from investment increase of 6% to £15.1M, Losses on foreign currencies increase of 29% to -£208K. Net income benefited from Other decrease of 13% to £77K (expense).
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 4.18% | -5.47% | -5.47% | 5.34% | 39.38% | 92.54% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
484,276 bytes PDF Document; last updated 31 Mar 2025
264,173 bytes PDF Document; last updated 20 Dec 2024
3,208,264 bytes PDF Document; last updated 30 Nov 2024
1,122,394 bytes PDF Document; last updated 31 May 2024
Management Team
Christian Schneider Simon Gergel Marcus Morris-Eyton
Christian Schneider
has managed this fund for 2 years and 9 months.
Christian Schneider is a Portfolio Manager and Managing Director with Allianz Global Investors, which he joined in 2000. He is Deputy-CIO of the Global Growth team, and is Co-Lead Portfolio Manager of the Global Equity Unconstrained strategy. Mr. Schneider began his investment career in June 1996 with DG-Bank as a graduate for eight months; and then moved to DG Capital in February 1997 to March 2000 as a Global Equity Portfolio Manager, where he was also responsible for portfolio construction for equity and balanced funds. Mr. Schneider graduated with a Master’s degree in Economics from the University of Giessen and is a CFA charterholder. Mr. Schneider also participated in the 2010 / 2011 Allianz Management Program.
Manager Cumulative Performance v Peer Group
Simon Gergel
has managed this fund for 2 years and 7 months.
Simon is Chief Investment Officer, UK Equities and is head of the Value & Income Investment Style Team. He manages The Merchants Trust plc and the Allianz UK Listed Equity Income Fund. He joined AllianzGI in April 2006 from HSBC Halbis Partners, where he was Head of Institutional UK Equities. At HSBC Simon was the portfolio manager of the HSBC Income Funds, with assets under management of £950 million. He also managed a number of segregated institutional accounts. Prior to HSBC, Simon was an Executive Director at Phillips & Drew Fund Management Ltd (a subsidiary of UBS), where he spent 14 years as a portfolio manager with responsibility for £1 billion of segregated pension fund assets and also with direct responsibility for £500 million of UK equity assets. Simon graduated from Cambridge University in 1987 with an MA (Hons) Cantab in Mathematics. He is an Associate of the CFA Society of the UK.
Manager Cumulative Performance v Peer Group
Other investment trusts managed by
Simon
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Merchants Trust PLC | Sole | Apr 2006 |
Marcus Morris-Eyton
has managed this fund for 4 years and 11 months.
Marcus Morris-Eyton is a Portfolio Manager and Director with Allianz Global Investors, having joined the firm in 2011. He is Lead Portfolio Manager for the Continental European Fund, and Deputy Portfolio Manager of the Europe Equity Growth strategy. Previously, Mr. Morris-Eyton worked as a Discretionary Sales Manager at AllianzGI in London, and at Credit Suisse in Equity Research. He was named one of the Top 40 Under 40 Rising Stars in Asset Management by Financial News in 2015. He is a CFA charterholder, and graduated with a First Class Honors degree in English and Philosophy from the University of Leeds.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
30/11/2024 |
30/11/2023 |
30/11/2022 |
30/11/2021 |
30/11/2020 |
30/11/2019 |
|---|---|---|---|---|---|---|
| Total Revenue | 102.47 | 46.38 | 8.84 | 93.87 | 31.10 | 55.92 |
| Gross profit | 98.35 | 42.68 | 5.58 | 90.81 | 28.41 | 53.20 |
| Operating Profit/Loss | 97.39 | 41.83 | 4.79 | 90.08 | 27.74 | 52.54 |
| Profit Before Tax | 97.39 | 41.83 | 4.79 | 90.08 | 27.74 | 52.54 |
| Profit After Tax | 96.05 | 40.63 | 3.62 | 88.94 | 26.85 | 51.78 |
| Equity Holders of Parent Company | 96.05 | 40.63 | 3.62 | 88.94 | 26.85 | 51.78 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
30/11/2024 |
30/11/2023 |
30/11/2022 |
30/11/2021 |
30/11/2020 |
30/11/2019 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 644.74 | 553.38 | 522.83 | 533.92 | 445.12 | 435.57 |
| Total Current Assets | 10.28 | 11.53 | 10.67 | 5.95 | 11.42 | 4.92 |
| Total Assets | 655.02 | 564.90 | 533.50 | 539.87 | 456.53 | 440.49 |
| Total Liabilities | 36.84 | 36.69 | 36.40 | 37.42 | 34.43 | 36.70 |
| Total Net Assets | 618.18 | 528.21 | 497.10 | 502.45 | 422.10 | 403.79 |
| Shareholders Funds | 618.18 | 528.21 | 497.10 | 502.45 | 422.10 | 403.79 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 618.18 | 528.21 | 497.10 | 502.45 | 422.10 | 403.79 |