SAINTS aims to be a core investment for private investors seeking income. Its objective is to achieve capital and income growth in order to grow the dividend at a faster rate than inflation. The focus of the portfolio is on listed equities, both UK and overseas, but investments are also made in bonds, property and other asset types.

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 and Income.  The objective of  Investment Trust Companies in this sector is to produce a total return to shareholders from capital and dividend income growth and which have a portfolio yield around 150% of its benchmark index. They will also have less than 80% of their assets in any one geographical area with at least 20% in UK-registered companies.

Patrick Edwardson is the Manager of SAINTS. He graduated BSc in Banking and International Finance from the City University, London in 1993, and joined Baillie Gifford the same year. He is an Investment Manager in the UK team, and became a Partner in 2005.