Funds & ETFs 

City of London IT's large-cap bias a Brexit boost

City of London Investment Trust (CTY) became the first investment trust to achieve 50 years of consecutive dividend growth earlier this year, and its trust's long-term performance remains strong. Over three and five years it has outperformed the FTSE All-Share index and the average return for UK equity income trusts. The trust delivered a share price return of 28 per cent and 82 per cent over three and five years, respectively, compared with 23 per cent and 65 per cent for the FTSE All-Share over those periods.

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