This month the Cuddle looks at Financial Education, outlining the UK Governments 2025 review, and how this links to the Financial Times Flic initiative.

Music by https://audionautix.com

Information links

Curriculum and Assessment Review Final Report

Curriculum and Assessment Review Final Report - GOV.UK

Financial Times Financial Literacy & Inclusion Campaign (FT FLIC)

FT FLIC | Mastering your money

Personal, Social, Health and Economic education (PSHE)

https://pshe-association.org.uk/

Articles

Young Enterprise - Huge steps forward for financial education and life skills in schools | Young Enterprise

Just Finance Foundation - Financial Education In Primary Schools - Compulsory Citizenship Learning

This month the Cuddle looks at its income portfolio, paying homage to the Helen Pridham portfolio, and we talk through how our fund has changed in the last 12 months ready for 2026.

Music by https://audionautix.com

Information links

AIC - https://www.theaic.co.uk

Edison research - https://www.edisongroup.com

Articles

11 investment trusts for a £10,000 annual income

Nine investment trusts to generate a £10,000 income in 2026

Nine investment trusts for a £10,000 income in 2025

Domestic Base

The City of London Investment Trust plc (CTY) https://www.janushenderson.com/en-gb/investor/product/the-city-of-london-investment-trust-plc/

Diverse Income Trust (DIVI) Premier Miton Group

Merchants Trust (MRCH) The Merchants Trust PLC - MRCH

Global Income

Murray International Trust (MYI) https://www.murray-intl.co.uk

Henderson High Income Trust plc (HHI) Henderson High Income Trust | Janus Henderson Investment Trusts

Specialist Trusts

The North American Income Trust plc (NAIT) The North American Income Trust plc | Janus Henderson Investment Trusts

The European Smaller Companies Trusts (ESCT) The European Smaller Companies Trust plc | Janus Henderson Investment Trusts

Blackrock Energy and Resources Income Trust (BERI) www.blackrock.com/uk/individual/products/investment-trusts/our-range/blackrock-energy-and-resources-income-trust/trust-information

BlackRock Frontiers Investment Trust plc (BRFI) https://www.blackrock.com/uk/solutions/investment-trusts/our-range/blackrock-frontiers-investment-trust/performance-holdings

CC Japan Income & Growth Trust plc (CCJI) https://ccjapanincomeandgrowthtrust.com

This month the Cuddle covers what went on in the markets in 2025, looking at indexes and individual sectors. We talk through how our portfolio performed and review our best and worst performers and what to expect in 2026.

Music by https://audionautix.com

Information links

CC Japan Income & Growth Trust plc (CCJI) https://ccjapanincomeandgrowthtrust.com

Murray International Trust (MYI) https://www.murray-intl.co.uk

Blackrock Energy and Resources Income Trust (BERI) www.blackrock.com/uk/individual/products/investment-trusts/our-range/blackrock-energy-and-resources-income-trust/trust-information

BlackRock Frontiers Investment Trust plc (BRFI) https://www.blackrock.com/uk/solutions/investment-trusts/our-range/blackrock-frontiers-investment-trust/performance-holdings

Henderson High Income Trust plc (HHI) Henderson High Income Trust | Janus Henderson Investment Trusts

The North American Income Trust plc (NAIT) The North American Income Trust plc | Janus Henderson Investment Trusts

Index and sector performance

Sector Screener: a review of 2025 and look ahead to 2026