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.
Exploring the world of investment trusts
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.
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.
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 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 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.
After last year’s launch of Baillie Gifford US Growth, we now have Schiehallion Fund. It’s focused on investing in private companies capable of ‘transformational growth’.
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.
Who are the runners and riders when it comes to technology-focused investment trusts? Six stand out to me right now
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