Personal Assets Trust PLC is a flexible investment trust that primarily invests in global equities, with at least 80% of its portfolio allocated to this asset class. It may also invest in bonds, collective investment schemes, and cash or near cash instruments. The trust aims for long-term capital growth, with some potential for income, and is benchmarked against the IA Global Total Return index. Management is provided by Troy Asset Management Limited, under the oversight of an independent Board.