Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Here’s Lindsell Train North American Equity Fund’s Thesis on T. Rowe Price Group (TROW)

Lindsell Train Ltd, an investment management company, released its third quarter 2024 investor letter. A copy of the letter can be downloaded here. The objective of the fund is to achieve both capital and income growth, aiming for a total return that exceeds the MSCI North America Index (GBP). This will be accomplished by investing a minimum of 80% of its assets directly in the stocks of North American companies. The fund returned 2.9% in the September quarter compared to 0.0% for the benchmark. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.