Overview
Download factsheetEmphasising capital preservation and absolute returns, Personal Assets Trust is conservatively managed, with concentrated equity holdings and low turnover. The Trust is long-only and has the flexibility to invest across a broad range of asset classes.
What does the Trust do?
An investment trust with the ability to invest globally. Its policy is first to protect, then increase (in that order) the value of shareholders’ funds per share over the long-term.
Why this Trust?
Aimed at investors who seek a multi-asset portfolio with an emphasis on capital preservation. Through high-quality security selection, it aims to deliver protection for investors’ capital.
Troy Asset Management Limited was appointed investment adviser to Personal Assets Trust on 3 March 2009 and investment manager to the Trust on 1 May 2020.
Literature
Document name | Date | Open/download | All documents |
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Factsheets | All documents | ||
Quarterly Reports | All documents | ||
Special Paper | All documents | ||
Key Information Document – UK |
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Key Information Document – EU |
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Past Performance Scenarios |
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10 Year Performance Chart |
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Annual Reports | All documents | ||
Interim Reports | All documents | ||
Investor Disclosure Document |
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Voting Records | All documents | ||
Currency Exposure | All documents |
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Factsheets
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Quarterly Reports
Date: Q4 2023 View All documents OpenDownload
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Special Paper
Date: October 2022 View All documents OpenDownload
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Annual Reports
Date: 2023 View All documents OpenDownload
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Interim Reports
Date: 2023 View All documents OpenDownload
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Voting Records
Date: 2023 View All documents OpenDownload
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Currency Exposure
Date: Q4 2022 View All documents OpenDownload
Performance
Total Return (%) | Since Troy Appointment* | 10 years | 7 years | 5 years | 3 years | 1 year |
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Personal Assets Trust Share Price | 169.8 | 58.6 | 28.1 | 23.7 | 9.5 | -1.1 |
Personal Assets Trust NAV | 180.9 | 61.7 | 30.7 | 26.8 | 11.3 | 1.1 |
UK Retail Price Index | 79.0 | 50.2 | 42.9 | 33.0 | 28.6 | 6.2 |
Source: Lipper, Since 3 March 2009 to 31 October 2023.
*Since Troy Appointment 3 March 2009.
Past performance is not a guide to future performance.
The value of the Trust, and any income from it, may go down as well as up and investors may get back less than they invested. Returns may increase or decrease as a result of currency fluctuations. This data is provided for information only and should not be reproduced, published or disseminated in any manner. Although we consider the data to be reliable, no warranty is given as to its accuracy or completeness. Any comparisons against indices are for illustrative purposes only.
Risk analysis
Risk Analysis | Personal Assets Trust |
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Total Return | 169.8 |
Max Drawdown | -11.9 |
Best Month | 5.1 |
Worst Month | -5.4 |
Positive Months | 63.4 |
Annualised Volatility | 6.8 |
Past performance is not a guide to future performance.
Maximum Drawdown measures the worst investment period. Annualised Volatility is measured by the annualised standard deviation of the monthly returns.
The value of the Trust, and any income from it, may go down as well as up and investors may get back less than they invested. Returns may increase or decrease as a result of currency fluctuations. This data is provided for information only and should not be reproduced, published or disseminated in any manner. Although we consider the data to be reliable, no warranty is given as to its accuracy or completeness. Any comparisons against indices are for illustrative purposes only.
Source: Lipper, Since 3 March 2009 to 31 October 2023.
Discount control
Personal Assets Trust has had a successful Discount Control Mechanism (“DCM”) in place since November 1999 and it has not traded at a material discount to Net Asset Value (“NAV”) since. Excess supply/demand of shares in the market is met by PAT, which is committed to buying back/issuing stock in order to prevent PAT’s shares from trading at anything more than a minimal discount/premium to NAV. We believe that no investor should be forced to buy at a material premium or sell at a discount to NAV.
This discount and premium control policy is enshrined in the Articles of Association of the Trust.
Trust announcements
How to invest
Find more information on how to invest in this trust and where it is available.
How to invest