HgCapital Trust: A Tech Trust In Disguise
Putting some money into HgCapital Trust back in 2010 was one of my better investment decisions of recent years. It’s consistently been one of the top-performing private equity trusts since it launched.
Is QQQ All You Need To Do?
QQQ is the ticker for the most popular Nasdaq 100 ETF in the US. With $135bn in assets, it’s about five times the size of Fundsmith Equity, the UK’s largest fund. And it’s beaten pretty much every single UK investment trust and open-ended fund over the last decade.
2020: The Year Of Baillie Gifford
The various investment trusts and funds run by Baillie Gifford are dominating the performance charts this year. It’s no flash in the pan, though, as their long-term record is arguably even more impressive.
Herald Investment Trust: Home-Grown Tech
Herald Investment Trust boasts an impressive track record from backing smaller technology companies, many of which are based in the UK. But taking a more cautious approach than other tech funds, it has struggled to keep up during the past decade.
Manchester & London: Long The Future
Manchester & London is an odd little thing. Majority-owned by the Sheppard family, it’s second only to Lindsell Train IT in the performance rankings of global trusts over the last five years.
Baillie Gifford Chases Unicorns With Schiehallion
You wait two decades for a new investment trust from popular Scottish fund managers Baillie Gifford, then you get two within a year. After the launch in March 2018 of Baillie Gifford US Growth, we now have Schiehallion Fund. It’s wholly focused on investing in private companies capable of ‘transformational growth’.
HgCapital Trust: Tech-Heavy Private Equity
HgCapital Trust, the tech-focused private equity fund, is another of my long-term holdings. Its recent results looked very impressive, but it has ambitious (and perhaps risky) plans to become a much larger entity.
A Tempting Time To Turn To Tech
We all have stories about investments that got away. One of mine concerns a technology investment trust that I ditched a long time ago.