Shares Magazine – May 23, 2019

INVESTMENT TRUSTS

28 | SHARES | 23 May 2019

THREE INFLATION-BUSTING DIVIDEND HEROES TO BUY

JPMorgan Claverhouse

Investment Trust (JCH) 702p

Already a popular investment

ƚƌƵƐƚƐĞůĞĐƟŽŶĨŽƌŝŶǀĞƐƚŽƌƐǁŚŽ

ǁĂŶƚĂƩƌĂĐƟǀĞŝŶĐŽŵĞƌĞƚƵƌŶƐ

to bolster capital growth,

JPMorgan Claverhouse is a

ƉĂƌƟĐƵůĂƌůLJĂƩƌĂĐƟǀĞƉŝĐŬĨŽƌ

ŝŶǀĞƐƚŽƌƐŚĂƉƉŝĞƐƚƉƵƫŶŐƚŚĞŝƌ

money in the UK companies

ƐƉĂĐĞ͘/ƚĨŽĐƵƐĞƐŽŶĂŵŝdžƚƵƌĞ

ŽĨŐƌŽǁƚŚĂŶĚŝŶĐŽŵĞƐƚŽĐŬƐ͘

Dividends are paid quarterly

ǁŚŝĐŚǁŝůůďĞĂƩƌĂĐƟǀĞĨŽƌ

ƌĞƟƌĞĞƐůŝǀŝŶŐŽŶŝŶǀĞƐƚŵĞŶƚ

income.

WŽƌƞŽůŝŽŚŽůĚŝŶŐƐŝŶĐůƵĚĞ͗

ZŽLJĂůƵƚĐŚ^ŚĞůů͕hŶŝůĞǀĞƌ͕

:WDŽƌŐĂŶ^ŵĂůůĞƌŽŵƉĂŶŝĞƐ

• ϯͲLJĞĂƌƚŽƚĂůƌĞƚƵƌŶ͗κκ͘ϯй


• zŝĞůĚ͗ϯ͘εй


• ŝƐĐŽƵŶƚƚŽEs͗ϯ͘Ϯй

Witan Investment Trust

;tdEͿάϭϬ͘ςϬ

ŐůŽďĂůĞƋƵŝƟĞƐƌĞŵŝƚƚŚĂƚĂŝŵƐ

ƚŽƉƌŽĚƵĐĞůĞƐƐǀŽůĂƟůĞƌĞƚƵƌŶƐ

ƚŚĂŶŵĂŶLJŽĨŝƚƐƉĞĞƌƐ͕tŝƚĂŶ

is unusual in its management

strategy.

Rather than lean on on

ŝŶͲŚŽƵƐĞƚĞĂŵ͕ƚŚĞƚƌƵƐƚĚƌĂǁƐ

ŽŶƚŚĞĞdžƉĞƌƟƐĞĂŶĚĞdžƉĞƌŝĞŶĐĞ

ŽĨƵƉƚŽϭϬƚŚŝƌĚƉĂƌƚLJŵĂŶĂŐĞƌƐ

ƚŚĂƚŝŶŇƵĞŶĐĞŝŶǀĞƐƚŵĞŶƚ

decisions. They include some

ǁĞůůͲŬŶŽǁŶŶĂŵĞƐ͕ƐƵĐŚĂƐEŝĐŬ

dƌĂŝŶŽĨ>ŝŶĚƐĞůůdƌĂŝŶĂŶĚĞƌĞŬ

^ƚƵĂƌƚŽĨƌƚĞŵŝƐ͘

WŽƌƞŽůŝŽŚŽůĚŝŶŐƐŝŶĐůƵĚĞ͗

^LJŶĐŽŶĂ͕ŝĂŐĞŽ͕>ůŽLJĚƐ

• ϯͲLJĞĂƌƚŽƚĂůƌĞƚƵƌŶ͗ρκ͘Ϭй


• zŝĞůĚ͗Ϯ͘Ϯй


• ŝƐĐŽƵŶƚƚŽEs͗ϭ͘ςй

Bankers Investment

dƌƵƐƚ;E<ZͿΘερƉ

ĂŶŬĞƌƐŝƐĂƩƌĂĐƟǀĞƚŽŝŶǀĞƐƚŽƌƐ

thanks to its long dididend

growth track record and

ŵĂŬŝŶŐĂƌĞĂůǀŝƌƚƵĞŽĨ

ĚŝǀĞƌƐŝĮĐĂƟŽŶĂŶĚĂĐŚŝĞǀŝŶŐ

decent capital gains.

It had close to 200 stocks in

ŝƚƐƉŽƌƞŽůŝŽĂƚƚŚĞĞŶĚŽĨϮϬϭΘ

ĨƌŽŵĂůůŽǀĞƌƚŚĞǁŽƌůĚ͕ĂŶĚ

ŝƚƐƚŽƉϭϬŝŶǀĞƐƚŵĞŶƚƐǁĞƌĞ

ǁŽƌƚŚũƵƐƚϭςйŽĨƚŚĞĐŽŵďŝŶĞĚ

value. Add in the dividend

track record that extends more

ƚŚĂŶŚĂůĨĂĐĞŶƚƵƌLJĂŶĚLJŽƵĐĂŶ

see why it is a popular choice

with investors.

WŽƌƞŽůŝŽŚŽůĚŝŶŐƐŝŶĐůƵĚĞ͗

DŝĐƌŽƐŽŌ͕ĞƌŬƐŚŝƌĞ

,ĂƚŚĂǁĂLJ͕W

• ϯͲLJĞĂƌƚŽƚĂůƌĞƚƵƌŶ͗ρς͘ςй


• zŝĞůĚ͗Ϯ͘Ϯй


• ŝƐĐŽƵŶƚƚŽEs͗ϭ͘ςй

LJSteven Frazer

EĞǁƐĚŝƚŽƌ

in dividend hero trusts are not

ŶĞĐĞƐƐĂƌŝůLJƚŚĞďĞƐƚǁĂLJĨŽƌǁĂƌĚ

ĨŽƌĞǀĞƌLJŝŶĐŽŵĞͲƐĞĞŬŝŶŐ

ŝŶǀĞƐƚŽƌ͘YƵĞƐƟŽŶƐŶĞĞĚƚŽďĞ

ĂƐŬĞĚƌĞŐĂƌĚŝŶŐǁŚĂƚ͛ƐƌŝŐŚƚĨŽƌ

every individual.

&ŽƌƐŽŵĞ͕ĂƌĞůĂƟǀĞůLJŚŝŐŚ

yield and capped growth may

ďĞƚŚĞǁĂLJĨŽƌǁĂƌĚ͕ƐƵĐŚĂƐ

ƚŚŽƐĞĂůƌĞĂĚLJŝŶƌĞƟƌĞŵĞŶƚ

ĂŶĚůŝǀŝŶŐŽīƚŚĞŝƌƐĂǀŝŶŐƐ͘Ƶƚ

others, especially those with

ĂůŽŶŐĞƌͲƚĞƌŵŚŽƌŝnjŽŶ͕ŚŝŐŚĞƌ

ĚŝǀŝĚĞŶĚŐƌŽǁƚŚŵĂLJƐƵŝƚĨƵƚƵƌĞ

ŶĞĞĚƐďĞƩĞƌ͘