Let’s start small in 2019. One of my investing ‘themes’ at the moment is to dedicate a slice of my portfolio (roughly 10% or so) to smaller company investments. I feel that I’m pretty well covered UK-wise, so the next stop is global small-cap funds.
Picking good investments is important but perhaps represents just 20% of the puzzle. Learning how to hold onto the darn things, regardless of what the market throws at you, is arguably the other 80%.
There’s nothing like a complete and utter political shambles (I’m guessing you know the one I mean) to remind us why we need to be globally diversified when it comes to investing. It’s prompted me to dig into my portfolio a little, to see how diversified I truly am.
Independent Investment Trust is one of those funds that I have been aware of for quite a while but never got round to digging into properly. Its shares are up 500% over the last 10 years, so perhaps I need to re-examine my priorities!
The shipping empire turned investment trust Caledonia Investments (CLDN) is currently one of my biggest holdings. It’s one of a few listed funds that is still family controlled and it boasts a 51-year track record of increasing its dividend. What’s more, it’s beaten the UK market by a respectable margin since it became a fully fledged investment vehicle in 1987. Yet it persistently trades at a discount to net assets of around 20%. So, what gives?
RIT Capital Partners (RCP) is one of the largest investment trusts in the UK. At the time of writing, it was the fourth biggest, with a market value of £3.2bn. It’s only outgunned size wise by 3i (£8.7bn), Scottish Mortgage (£7.5bn) and Foreign & Colonial (£3.7bn).RIT Capital Partners: Protecting The Downside
Copyright © 2018-2026 www.itinvestor.co.uk
Disclaimer: This site is for informational purposes only. We make no assertions as to the accuracy, completeness, suitability or validity of anything on this site.
We will not be liable for any errors or omissions or any damages arising from its display or use. Here's our privacy and cookie policy.