From Morningstar:

In 2023, Witan Investment Trust had a total return of just under 13% in NAV total return terms, slightly behind the benchmark but well ahead of inflation. The trust is 2-Star rated by Morningstar. Witan’s multi-manager approach provides diversification by manager, easier portfolio steering, and the ability to appoint specialists for specific regions or sectors. One opportunity seen in the UK is the significantly cheap stock market and under-owned equities due to Brexit concerns. Jeremy Hunt’s desire to boost UK finance through a listings regime change is cautious as it could potentially lower the quality threshold for listed companies. AB notes the slow impact of such reforms but acknowledges the benefit for small startups in the technology space.



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