Which trusts are most consistent outperformers over a decade?

UK funds ahead

Seven out of the top 20 most consistently outperforming trusts over the last ten years have a UK-focused mandate, according to recent research from the Association of Investment Companies (AIC).

The top performer for a second year in a row is the £209m Lindsell Train investment trust, which is managed by Michael Lindsell and Nick Train, running a global portfolio of stocks. Train also takes second place with his £1.4bn Finsbury Growth & Income trust, which sits in the UK Equity Income sector, while six other UK-centric trusts also made the top 20. UK smaller companies funds lead the way with the Invesco Perpetual UK Smaller Companies, Montanaro UK Smaller Companies, Dunedin Smaller Companies, Standard Life UK Smaller Companies and BlackRock Smaller Companies trusts in fourth,...