Its investment portfolio can hardly be described as racy, but returns have motored along extremely well for Finsbury Growth & Income Trust and its shareholders in recent times. Shares in the vehicle, which is enduringly popular among individual investors, have risen by almost 57 per cent over the past five years and, although off highs that were reached in late 2019, they have regained much of the ground lost last year. The yield on the stock, at 1.9 per cent, is not stellar, but seems to be high enough to keep its shareholders happy.
Yet while the trust is clear about why it picks the companies it does — with its mantra of going after businesses that both survive and thrive — it is not
