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.
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