Personal Assets Trust: July 2023 Update

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Archived article Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing, however, it may no longer reflect our views on this topic.

In this investment trust update, Senior Investment Analyst Hal Cook shares our analysis on the manager, process, culture, ESG integration, cost and performance of Personal Assets Trust.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

26 July 2023

Rather than trying to shoot the lights out, Personal Assets Trust aims to grow investors' money steadily over the long run, while limiting losses when markets fall. It tries to experience fewer ups and downs than the broader global stock market or a portfolio that's mainly invested in shares.

As a result, it could form the foundation of a broad investment portfolio, bring some stability to a more adventurous portfolio, or provide some long-term growth potential to a more conservative portfolio.

Sebastian Lyon took over management of Personal Assets Trust in March 2009. He's managed the trust using the same investment philosophy that was founded when Troy Asset Management started in 2000. He’s also