Has Monks Finally Turned The Corner?
It has been a challenging three years for the Monks Investment Trust, which has struggled ever since growth stocks fell out of favour.
It has been a challenging three years for the Monks Investment Trust, which has struggled ever since growth stocks fell out of favour.
It has recently been announced that the assets of Witan are to be rolled into Alliance Trust in the country’s largest ever investment trust merger.
It has been a quiet year for the cautiously positioned Personal Assets Trust, which has just released its annual accounts to the end of April.
Nick Train is one of the country’s best known fund managers, but after a long period of success he has run into difficulties. If you think that he will be able to turn things round there is an investment trust that would really benefit.
The annual results for the £350m Biotech Growth Trust reveal a massive improvement in performance after a difficult couple of years.
It has been a tough period for investors in the £1.6bn Finsbury Growth & Income Trust, which has now underperformed its FTSE All-Share benchmark for more than three years.
The final accounts for Scottish Mortgage reveal a significant turnaround in the performance after a difficult couple of years and give a real insight into the explosive potential of the portfolio.
Last week was a difficult one for Chrysalis Investments, whose shares were marked sharply lower when it became clear that its second largest holding was in trouble.
The broker Stifel has recently issued a report looking at the highest yielding equity investment trusts, in which they identified 32 funds with an annual income of four percent or more.
The latest quarterly update from Capital Gearing reveals that the defensively oriented fund has recently taken advantage of a number of deeply discounted investment trusts.