Our house is being battered by a thunderstorm as I write this. Owning a UK smaller company investment trust in 2020 has felt very similar. But storms pass.
Exploring the world of investment trusts
My personal views on what’s happening in the wacky world of investment trusts…
Our house is being battered by a thunderstorm as I write this. Owning a UK smaller company investment trust in 2020 has felt very similar. But storms pass.
After a year of procrastination, I’ve finally taken the plunge and bought into the biotech and healthcare sector.
Smithson’s shares are up more than 50% since it floated in October 2018 and its share count has risen 52%. It’s now approaching £2bn in market cap and it’s already become one of the 20 largest UK investment trusts.
One of the attractions of the investment trust sector is the way it regularly renews itself, backing its winners and cutting loose what doesn’t seem to work.
Last weekend saw the first Mello Virtual investing conference, concentrating mainly on UK small-caps and trusts/funds. I very much enjoyed the physical version last year and I’d say this one was equally good.
I decided to take up running on my 30th birthday after realising my 20s lifestyle, though not overly excessive, had given me a bit of a paunch.
Blue Whale Growth Fund has come into its own in 2020. Since its launch in 2017, its performance is now comfortably ahead of both Fundsmith Equity and Lindsell Train Global.
I’ve been meaning to take a closer look at European Opportunities Trust for a while. It’s been a great performer for nearly 20 years, but its largest holding, Wirecard, hit the headlines last week for all the wrong reasons.
Scottish American Investment Company, often just called SAINTS, is the second-oldest investment trust and the only income-focused investment trust managed by Baillie Gifford.
Regular readers will be aware that I do love a good global investment trust. But I wanted to see how well they have performed relative to world markets over the very long term.
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