Alliance Trust PLC

Not much time this morning but let me see if I can knock another FTSE100 constituent off.

Alliance Trust (ATST) is an investment trust. The market cap. is £2.3 billion, the dividend yield is about 2.5% and the PE ratio is about 40.

By selecting shares I am effectively forming my own investment fund so I won't be letting ATST make mistakes for me. If I wanted to stop selecting shares I would invest in a tracker fund or possible a number of ETFs.

Although ATST has a low expense ratio of 0.5% that is still 0.5% off all gains (or added to losses.)

Not for me,