Description

Managed by Baillie Gifford & Co Limited, Keystone Investment Trust plc operates as a closed-ended equity mutual fund primarily focusing on public equity markets within the United Kingdom. It aims to invest in companies spanning diverse sectors. The fund employs a top-down stock-picking strategy, underpinned by fundamental analysis, to build its portfolio. Key criteria for selection include robust balance sheets, strong cash flows, the ability to consistently pay and sustain dividends, solid asset bases, and prevailing market conditions. The FTSE All-Share Index serves as the benchmark for its performance. This UK-domiciled fund was founded on September 17, 1954, and was formerly known as Merrill Lynch UK Investment Trust Plc.