Page 14 - DIY Investor Magazine - Issue 23

Dividend: A payment made by a company to its shareholders. The amount is variable, and is paid as a portion of the company’s profits.
Cyclical downturn: A period of economic contraction during which certain industries are vulnerable to weaker cash flow, resulting from tight monetary conditions.
Volatility: The rate and extent at which the price of a portfolio, security or index, moves up and down. If the price swings up and down with large movements, it has high volatility. If the price moves more slowly and to a lesser extent, it has lower volatility. It is used as a measure of the riskiness of an investment.
Bear market: A financial market in which the prices of securities are falling. A generally accepted definition is a fall of 20% or more in an index over at least a two-month period. The opposite of a bull market.
For UK investors only. For promotional purposes. The value of an investment and the income from
it can fall as well as rise and you may not get
back the amount originally invested. Nothing in
this communication is intended to be or should
be construed as advice. This article is not a recommendation to sell or purchase any investment. References made to individual securities should not constitute or form part of any offer or solicitation
to issue, sell, subscribe or purchase the security. Before investing in any investment referred to in this communication, you should satisfy yourself
as to its suitability and the risks involved. Tax assumptions and relief’s depend upon an investor’s particular circumstances and may change if those circumstances or the law change.
Issued in the UK by Janus Henderson Investors. Janus Henderson Investors is the name under which investment products and services are provided by Janus Capital International Limited (reg no. 3594615), Henderson Global Investors Limited (reg. No. 906355), Henderson Investment Funds Limited (reg. No. 2678531), Alpha Gen Capital Limited (reg. No. 962757), Henderson Equity Partners Limited (reg. no.2606646), (each registered in England and Wales at 201 Bishopsgate, London EC2M
3AE and regulated by the Financial Conduct Authority) and Henderson Management S.A. (Reg no. B22848 at 2 Rue de Bitbourg, L-1273, Luxembourg and regulated by the Commission de Surveillance du Secteur Financier). Janus Henderson, Janus, Henderson and Knowledge. Shared are trademarks of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.
An Introduction to The City of London Investment Trust
Job Curtis, Portfolio Manager, introduces the company and outlines what it’s investment objectives are and how it aims to achieve them.
These are the views of the author at the time of publication and may differ from the views of other individuals/teams at Janus Henderson Investors. Any securities, funds, sectors and indices mentioned within this article do not constitute or form part of any offer or solicitation to buy or sell them.
Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
The information in this article does not qualify as an investment recommendation.
For promotional purposes.
THE CITY OF LONDON INVESTMENT TRUST PLC
DIY Investor Magazine | Oct 2019 14