magazine archive
magazine archive
Investment Trusts
Profit from private equity
Thursday 06 Apr 2017Investors seeking exposure to innovative growth businesses should look at private equity funds. They can be a terrific source of opportunity despite the high leverage and fees associated with the industry. QuotedData senior analyst Matthew Read explains: ‘Private equity is an asset class that is...
How to get more from investment trusts
Thursday 30 Mar 2017Investment trusts are the oldest form of managed fund with some dating back more than a hundred years. They are structured as publicly listed companies with their shares quoted on the London Stock Exchange. There are about 400 investment trusts available in the UK and they have a combined market...
Why buy an investment trust at a premium?
Thursday 23 Mar 2017It goes against the grain to pay more for an investment trust than the underlying net assets are actually worth, but sometimes it can make a lot of sense. The most highly rated trusts tend to experience heavy demand and normally trade at a premium to reflect their superior performance. In some...
Investment trusts that pay more and more dividends every year
Thursday 16 Mar 2017Investment trusts can be ideal products for anyone seeking to enjoy compounding benefits from reinvesting dividends . They are allowed to stash away up to 15% of income every year in a pot called ‘revenue reserves’. This rainy-day money can help them to keep paying dividends even if market...
How to access mining’s great comeback via trusts
Thursday 09 Mar 2017Mining was the second best performing FTSE 350 sector in 2016 and is still in the top 10 so far this year. Improving commodity prices, stronger balance sheets and more lean mining operations have all contributed to share price success. Anyone who wants exposure to the sector without the individual...
Funds to play emerging markets recovery
Thursday 02 Mar 2017Emerging markets enjoyed a significant comeback in 2016, despite a pullback towards the end of the year. The outlook remains equally exciting, so let’s look at the key drivers and some of the investment trusts that provide exposure to this region. The MSCI Emerging Markets Net Total Return Index...
The way to play Japan
Thursday 16 Feb 2017There are any number of ways UK investors can gain exposure to Japan, the world’s second largest developed economy. There are plenty of open-ended and closed-ended funds to choose from but for us one investment trust stands out. It trades at a wide discount to net asset value (NAV) with scope to...
Using the Z-score to find the cheapest trusts
Thursday 09 Feb 2017One of the key points to check when buying an investment trust is the discount or premium to net asset value (NAV). It always feels like a bargain if you can buy the shares for less than the underlying portfolio is worth, but it is important to dig a bit deeper. An investment trust trading at a...
Alliance Trust to buy out activist investor
Thursday 02 Feb 2017Previously underperforming fund Alliance Trust ( ATST ) is shifting strategy and appears to have quelled the criticism of activist investor Elliott Associates. The Dundee-based trust has now agreed (27 Jan) to repurchase Elliott’s entire 19.75% holding at a discount of 4.75% to the prevailing net...
This investment trust may not stay cheap for long
Thursday 26 Jan 2017‘Uncertain’ is a benevolent description of the outlook for 2017. Unknowns range from how Donald Trump may govern in the US to the result of Brexit negotiations. Against this backdrop, trusts with international dimensions and impressive, inflation-beating dividend track records should be on shopping...