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As of November 30, 2015 The Cayenne Trust plc has gone out of business. The Cayenne Trust plc is a closed-ended equity fund of funds launched and managed by Cayenne Asset Management Limited. It invests in funds which invest in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in securities of UK investment trusts and other closed-end funds, which in turn invest in value stocks of companies. The fund employs both quantitative and fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the annualized cumulative total return of 5% from its inception. The fund was formerly known as INVESCO City and Commercial Investment Trust plc. The Cayenne Trust plc was formed on March 1, 1991 and is domiciled in the United Kingdom.
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