About Us
Electric & General Investment Fund (‘Electric & General’) is an open ended investment company with variable capital (‘OEIC’) which invests in an international portfolio of companies selected for their growth and above average income prospects. The fund was created as a result of the unitisation of the Electric & General Investment Trust (‘EGIT’) in August 2011. The history of the investment trust can be traced back as far as 1890, and since that time has invested on behalf of thousands of people worldwide.
The Company’s investment objective and policy can be located on section 3, page 12 of the fund prospectus (PDF).
The company's investment objective is to seek to achieve long-term capital growth with some potential for income.
To achieve the investment objective, the company’s investment policy is to invest principally in a portfolio of global equities, and may also invest in other transferable securities, bonds, units and/or shares in collective investment schemes, warrants, money market instruments, cash, near cash and deposits. There is no limit to which the company can be invested in each sector or asset type, nor is there any particular geographic focus. The company may borrow and may enter into underwriting arrangements. It is the ACD’s intention that derivatives and forward currency transactions will only be used for the purposes of efficient portfolio management, including hedging, as defined by the regulations. From time to time the liquidity of the company may be increased substantially if judged to be in the interests of investors.
To achieve the investment objective, the company’s investment policy is to invest principally in a portfolio of global equities, and may also invest in other transferable securities, bonds, units and/or shares in collective investment schemes, warrants, money market instruments, cash, near cash and deposits. There is no limit to which the company can be invested in each sector or asset type, nor is there any particular geographic focus. The company may borrow and may enter into underwriting arrangements. It is the ACD’s intention that derivatives and forward currency transactions will only be used for the purposes of efficient portfolio management, including hedging, as defined by the regulations. From time to time the liquidity of the company may be increased substantially if judged to be in the interests of investors.