asset value investors limited avi in respect of british empire trust plc british empire . avi is authorised and regulated by the uk financial conduct authority fca . british empire is a public company listed and traded on the london stock exchange . you agree that we may contact you about our products and services that we believe you might be interested in . the price of the shares will be determined by supply and demand in the market as well as nav per share . the market price of the shares is therefore likely to fluctuate and may represent either a premium or discount to nav per share . accept and proceed cookie policy this site uses cookies . by continuing to browse the site you are agreeing to our use of cookies . continue learn more how do i invest about the trust history our edge investment philosophy investment process risk management price and performance meet the managers board of directors audit committee nomination committee management engagement committee investment trust information guide to investment trusts why should i include british empire trust into my portfolio aic adviser training and seminars faqs investor information reports and accounts major shareholders capital structure aifmd investor disclosure retail investors advised by independent financial advisors ifas annual general meeting announcements financial calendar commentary & updates in the press endorsements monthly newsletters newsletters archive annual and interim reports announcements case study hudson s bay case study kinnevik investing in the trust stocks and shares isa share plan top up your isa share plan administrator platforms important information contact us about the trust history our edge investment philosophy investment process risk management price and performance meet the managers board of directors audit committee nomination committee management engagement committee investment trust information guide to investment trusts why should i include british empire trust into my portfolio aic adviser training and seminars faqs investor information reports and accounts major shareholders capital structure aifmd investor disclosure retail investors advised by independent financial advisors ifas annual general meeting announcements financial calendar commentary & updates in the press endorsements monthly newsletters newsletters archive annual and interim reports announcements case study hudson s bay case study kinnevik investing in the trust stocks and shares isa share plan top up your isa share plan administrator platforms important information contact us exploring investment opportunities for over 125 years where could you find undervalued prime manhattan real estate toronto where could you find a successful but undervalued online global fashion brand offline in stockholm key facts total assets 915 million launch date 1 july 1889 average annual return 11.9 % annual charge 0.90 % about the trust as at 30 september 2016 source morningstar performance period 30 june 1985 to 30 september 2016 tr net of fees gbp as at 30 september 2015 includes management fee 0.70 % marketing and administration costs how to invest asset value investors stocks & shares isas and share plans are two ways of enjoying stock market returns through an investment trust . they re also in the case of a stocks & shares isa a tax efficient way of investing . stocks and shares isa the asset value investors stock & shares individual savings account isa allows you to invest up to 15 240 each tax year . find out more and apply share plan the avi share plan is a savings plan which aims to provide a simple way for private investors to purchase shares in the british empire trust . find out more and apply innovative finance isa asset value investors ltd do not offer innovative finance isas how do i invest latest data british empire share price share price 604.00 nav 673.31 premium discount 10.29 dividend yield 1.94 as of 05 10 16 currency gbx price performance december 2005 to december 2015 videos joe bauernfreund interview with charles stanley direct joe bauernfreund interview with fidelity international downloads literature brochure stocks & shares isa share plan key features isa share plan terms & conditions reports half year report 2016 annual report 2015 view annual report 2015 online newsletters newsletter september 2016 managers comment more comments september btem had a good month with its nav rising by 4.5 % . strong individual stock performance the portfolio discount narrowing 40bps and the pound being weak against all major currencies helped returns . aker comfortably our best performer over the last year was also our top contributor over the month despite its discount widening slightly by 50bps . read all news and endorsements 06 oct 2016 questor investment trust tip buy british empire for huge double discount 05 oct 2016 british empire trust an investment fund re energised 30 sep 2016 bargain hunter bag a double discounter while you can investment trust watch riverstone rocks as opec crumbles case studies hudson s bay kinnevik read all about british empire british empire trust p.l.c. british empire is a closed end investment trust with shares listed on the london stock exchange and part of the ftse 250 index . the investment objective is to achieve capital growth through a focused portfolio of investments particularly in companies whose share prices stand at a discount to estimated underlying net asset value . british empire is managed by asset value investors limited avi . working closely with british empire trust avi specialise in seeking positive results from opportunities that others fail to spot . british empire trust 125 years book hard copies available upon request to uk addresses only our history morningstar analyst rating as at 9 december 2015 morningstar fund report morningstar analyst research report what is an investment trust an investment trust is simply a public limited company that issues shares in exchange for cash from investors . these cash funds are then pooled and reinvested in assets such as other stock market shares bonds or property . it s the role of asset management companies such as avi to plan and oversee investments on behalf of investment trusts and to ensure they deliver as profitable a return as possible for trust shareholders . what s the advantage of investment trusts subscribe to our monthly newsletter british empire trust p.l.c is referred to as british empire throughout the website . british empire s investment managers asset value investors are referred to as avi throughout the website . british empire currently conducts its affairs so that its shares can be recommended by independent financial advisers ifas in the uk to ordinary retail investors in accordance with the financial conduct authority fca rules in relation to non mainstream investment products and intends to continue to do so . the shares are excluded from the fca s restrictions which apply to non mainstream investment products because they are shares in an authorised investment trust . british empire trust plc. 2014 registered in england no 00028203 . an investment company under section 833 of the companies act 2006 . registered office beaufort house 51 new north road exeter ex4 4ep . managed by asset value investors ltd. which is authorised and regulated by the financial conduct authority . past performance should not be seen as an indication of future performance . the price of investments and the income may fall as well as rise and investors may not get back the full amount invested . british empire uses gearing techniques leverage which will exaggerate market movements both down and up which could mean sudden and large falls in market value . please refer to the key features document for further details of the risks affecting your investment . performance figures are cumulative and based on price total return and do not include plan charges . for more information please call 03458 500181 . tax treatment depends on the individual circumstances and may be subject to change in the future . asset value investors ltd do not offer innovative finance isas . site by redwire privacy policy cookie policy sitemap terms & conditions are you an institutional investor an advisor other go to website