Brunner Investment Trust PLC is an investment company. The Trust's objective is to increase its total return above the benchmark index of 30% Financial Times Stock Exchange (FTSE) All-Share and 70% FTSE All-World Index (ex UK) Index over the long term, after absorbing costs. It aims to provide growth in capital value and dividends for investors over the long term through investing in a portfolio of global and United Kingdom equities. The Trust aims to achieve a spread of investments across geographies and sectors. As per a restated investment policy, the maximum holding in a stock is limited to 10% of gross assets at the time of investment and the portfolio will consist of at least 50 stocks. The Trust will not invest more than 15% of its gross assets in other United Kingdom-listed investment companies. It invests in various sectors, including banks, oil and gas producers, pharmaceuticals and biotechnology companies. Allianz Global Investors GmbH is the Trust's investment manager.