The Lindsell Train Investment Trust plc is an investment trust company. The objective of the Company is to maximize long-term total returns with a minimum objective to maintain the real purchasing power of Sterling capital as measured by the annual average yield on the United Kingdom 2.5% consolidated loan stock. The Company invests in a range of financial assets including equities, unquoted equities, bonds, funds, cash and other financial investments. As of March 31, 2012, the Company�s portfolio holdings included Lindsell Train Limited, AG Barr, Diageo, Lindsell Train Global Equity Fund - B, Lindsell Train Japanese Equity Fund Class B, Unilever, Pearson, Heineken, Nintendo, Kraft Foods, eBay, Finsbury Growth & Income Trust, Reed Elsevier, London Stock Exchange, Marston�s and Canon. Lindsell Train Limited acts as an investment manager of the Company.