Trust Objective
EWIT aims for growth from a highly concentrated global portfolio. It tends to hold shares in around just forty-five companies with no geographical constraints and income is not a consideration. It is likely to be more volatile than the other trusts.
AIC Investment Sector
Investment trusts are grouped into sectors. The classification of each trust is based on a combination of the regional or industry focus of the portfolio and the trust's investment objective. The Association of Investment Companies ('AIC') classifies investment trusts into 43 different sectors (including property). There are guidelines for inclusion in each sector. The sector classification system provides a useful way of grouping trusts to allow for comparison, but it is important to remember that no two trusts are the same.
The AIC Investment Sector for this trust is Global Growth. The objective of Investment Trust Companies in this sector is to produce a total return to shareholders from capital and some dividend income, they also have less than 80% of their assets in any one geographical area.
Trust Manager
Mark Urquhart is the manager of Edinburgh Worldwide Investment Trust. Mark graduated BA in Philosophy, Politics and Economics from Oxford University in 1992. He spent a year at Harvard as a Kennedy Scholar in 1993 before completing a PhD in Politics at Edinburgh University in 1996. He joined Baillie Gifford in 1996 and is an Investment Manager in the Global Equities team. He became a Partner in 2004.