Growth in the Intangible Era: Trojan Income Fund’s Strategic Pivot

The Trojan Income Fund from Trojan Asset Management was launched in 2004 and currently manages $691 million in assets in its UCIT vehicle. The fhedge fund’s investment style takes a long-term approach, with at least 80% of the portfolio invested in UK-listed stocks.

Read more hedge fund letters here

The portfolio usually consists of 30 to 50 high-quality companies that have the potential for cash generation and steady dividend growth.

According to the June factsheet, the fund reported a -1.0% return, while the FTSE All-Share Index gained 0.5%.

The top ten portfolio holdings as of June were:

1. Relx (NYSE:RELX) – 5.2%
2. Unilever (LON:ULVR) – 4.5%
3. Diageo (LON:DGE) – 4.2%
4. Compass Group (LON:CPG) – 3.9%
5. Reckitt Benckiser (LON:RKT) – 3.9%
6. Experian (LON:EXPN) – 3.7%
7. London Stock...