Finsbury Growth & Income performance 'concerning' as trust lags benchmark for third consecutive year

In the year to 30 September, the trust's share price and NAV returned 7.5% and 7.2%, respectively, compared to a FTSE All Share index increase of 13.8% in the year. The underperformance relative to the benchmark means the trust ranks 22nd out of 23 in the UK Equity income trust sector over the last three-year period, only up 11.8% compared to the index's 39.8%. Over the last year, FGT ranked 14th out of 23, compared with fifth place in 2022. Additionally, the trust's share price has declined since 30 September, falling 2.4%. Lindsell Train trust NAV dragged down by fund group holdi...