Historical Performance
The graph below highlights the 5 year track record showing that the Company has generated a 68.7% total return as at 31st August 2026.
Measuring Performance
The Board assesses the Company's performance against a range of key performance indicators (KPIs) designed to provide a comprehensive assessment of the Company's ability to deliver long-term shareholder value.
Performance is reviewed against a number of market-based and inflation-related comparators, including global equity indices, global government bond indices and inflation measures. These KPIs provide a range of perspectives on the Company's performance across different market environments and investment styles.
In addition to investment performance, the Board monitors the ongoing charges ratio and the discount or premium at which the Company's shares trade relative to Net Asset Value (NAV).
The Board reviews performance in both absolute and relative terms over one-, three-, five- and ten-year periods and uses these measures to assess the effectiveness of the Company's investment strategy and its ability to generate long-term shareholder returns.