F&C Investment Trust (LON:FCIT) reported a 12.8% shareholder total return for the first half of the year, modestly ahead of its 12.6% benchmark return, as strong global equity markets and a narrowing share-price discount supported results. Niven said the board intends to increase the full-year dividend in 2026, which would represent the trust’s 56th consecutive annual dividend increase. In the U.S., the trust’s relative tilt toward value stocks helped as value outperformed growth, although stock selection within value mandates detracted from performance. Private equity, which represented about 11% of the portfolio, returned 9.1% during the period but lagged listed equity markets. About F&C Investment Trust (LON:FCIT)F&C Investment Trust was founded in 1868 to bring the benefits of investing to a wider audience, we’re the oldest investment trust in the world.