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Finsbury Growth & Income outperforms benchmark in February thanks to 'magnificent' holdings
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investmentweek.co.ukAccording to the £1.8bn trust's latest factsheet, in February the net asset value was up 1.7% and the share price gained 2.3%, while the FTSE All-Share index was only up 0.2%. Nick Train vows to stick to his guns as Finsbury Growth & Income bets big on AI Manager Nick Train said four of the trust's «magnificent five» holdings outperformed the index, arguing they are «magnificent» because they are «world-class and substantive businesses» with a «clear secular growth opportunity». The outperformers were analytics provider RELX, which comprises 12.8% of the trust's total investments, ...
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