magazine archive
magazine archive
Investment Trusts
Scottish Mortgage boss on big opportunities as shares hit record high
Thursday 27 Feb 2020Shares in £9.6bn investment trust Scottish Mortgage ( SMT ) are trading at an all-time high of 659p, thanks in part to the soaring success of electric vehicle maker Tesla which is the largest holding in its portfolio. Tesla’s share price has gone up by 119% so far this year as investors react...
What’s the catch with investment trusts yielding above 5%?
Thursday 13 Feb 2020Little is more satisfying in investing than receiving a dividend payment from one of your holdings and investment trusts have an excellent track record of delivering a regular stream of income. Some trusts offer very attractive yields too. According to industry body the Association of Investment...
New fund offers way to invest in global farmland
Thursday 09 Jan 2020February 2020 should see the stock market debut of the UK’s first fund dedicated to agricultural assets around the world. The Global Sustainable Farmland Income Trust aims to raise up to $300m to buy and lease farmland in the US, Europe, Australia, New Zealand and Latin America. While investing in...
Revealed: our favourite biotech trust
Thursday 28 Nov 2019The biotechnology sector has been in the doldrums relatively speaking over the last five years having under-performed the FTSE World index by 48% and the MSCI World HealthCare index by 39%. According to Bloomberg data the sector is trading on a one-year forward price-to-earnings (PE) multiple of...
Discover 34 outperforming investment trusts
Thursday 14 Nov 2019Strong historical performance data doesn’t guarantee a fund will continue to do well in the future, so investors shouldn’t buy an investment trust solely based on how it has done in the past expecting similar returns in the future. However, past performance, particularly over the long term, is...
Investment trust underperformers named and shamed
Thursday 07 Nov 2019Investment trust investors put money to work with an active fund. So if the fund fails to beat the market or its assigned benchmark, you’ll understandably feel aggrieved. The aim of active management is to outperform a benchmark and if the manager to which you entrust your hard earned savings fails...
Know your fund: The Scottish Investment Trust
Thursday 31 Oct 2019T he Scottish Investment Trust ( SCIN ) is an independently managed global trust seeking to provide shareholders with longer-term capital appreciation and above-inflation annual dividend growth. Investing in undervalued, unfashionable companies that are ripe for improvement, at 824p ‘The Scottish’...
Growth strategies at investment trusts under scrutiny in third quarter
Thursday 24 Oct 2019The allure of high growth and often pre-profit companies may be finally losing its hold over investors who are increasingly counting the cost of chasing supposedly ‘hot’ stocks regardless of valuation. The collapse of the mooted IPO of US property firm WeWork at the end of September underlined a...
Healthcare property investor Civitas punished for housing association troubles
Thursday 17 Oct 2019Sitting in a relatively unknown niche within the real estate investment trust (REIT) sector is Civitas Housing ( CSH ) which provides secure housing on long-term 25-year leases to tenants who fall under the Government’s supported living criteria. An integral part of the UK healthcare sector is...
Smithson lives up to the hype as the Fundsmith trust turns one
Thursday 10 Oct 2019A year ago Smithson ( SSON ) became the largest ever investment trust launch, raising £822.5m to invest in quality small to mid-cap companies. Investors lapped up the shares in the hope they would deliver similar success to its sister fund, Fundsmith Equity (B41YBW7) . Their faith has been rewarded...