Comparing Lindsell Train’s Funds
Everyone seems to have it in for Nick Train and Michael Lindsell at the moment. The desperate tale of Neil Woodford has focused attention on star managers, just as Lindsell Train’s funds hit a bit of a rough patch.
Introducing The Double Doublers
Loads of articles have looked at the best performing shares and funds over the 2010s. I thought I’d add a little twist, looking at the trusts that doubled in the first half of the decade and then repeated the trick in the second.
Mid Wynd International: Global Thematic Investing
Global trusts did very well during the 2010s and Mid Wynd International sits near the top of the pack.
2019 Review: Bumper Year, Bumper Decade
I matched the global indices last year with a return of 21.9% and a solitary losing position of just 1.2%. But few years are likely to turn out this well, so it’s important not to get carried away.
Fundsmith Equity And Lindsell Train Global: A Year Of Two Halves
It’s been a great year for global markets. While the “superstar funds” of recent years — Fundsmith Equity and Lindsell Train Global — have both done pretty well they’ve tailed off in recent months.
Baronsmead Venture Trust: My Problem Child
In a year of surging share prices, one of my holdings, Baronsmead Venture Trust, has been a real party pooper. But is it just a blip or an early sign that venture capital trusts (VCTs) have seen their best years?
Trouble Brewing On The Tax Front For Investors
I’ve deliberately kept politics out of this blog as much as possible. It rarely seems to bring out the best in people — myself included.
However, there are some radical plans regarding the taxation of investments in the manifestos for the upcoming general election that are worth highlighting.
Capital Gearing Trust: Playing Ultra-Defensive
If you’re looking for an investment company that can bolster your portfolio’s defences then Capital Gearing Trust might fit the bill. Since Peter Spiller took over in 1982, it’s had just one down year in net asset value terms. Even then, it lost just 2.5%.
Should We Pay Up For Performance?
Regular readers may know that I’m often vexed by the cost of investment funds. But there’s one element that doesn’t distress me that much. And that is a performance fee.