We caution against the view that we are likely to see a protracted period of either especially high or especially low
inflation over the next five years

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The investment world is full of these
mathematical “lies” and it takes a lot of
experience and focus to avoid the traps these present

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… we are committed to contributing to a more sustainable world, both through direct actions and indirect means

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Companies can shield themselves (and
their investors) from the effects of inflation, which remains the key macro investment risk today

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Diversification is central to portfolio construction and allows investors to
reduce unsystematic risk and capture other sources of return

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Whilst inflation has been slow to come down from this cycle’s historic highs, we may very well be seeing a turning point in recent data releases

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Retail investors who wish to gain access to specialist investment trusts are being forced to conduct their own due diligence.

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All three categories of
royalties have the potential to
provide good returns.

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