Unaudited Statement of Results - Half Year Ended 30.06.23

F&C Investment Trust PLC today announced its results for the six months ended 30 June 2023.

The Net Asset Value total return was +4.7%, behind the +7.5% return from the benchmark, the FTSE All-World Index.

The share price total return was -2.6%, due to a widening of the discount during the period.

The Chairman, Beatrice Hollond, said that the valuation excesses in markets overall appear relatively contained and the Fund Manager, Paul Niven, commented that a diversified approach will provide better returns with lower risk for shareholders.

The Company declared a first interim dividend of 3.4 pence for 2023, payable on 1 August.