- The trust announced plans in April 2018 to pay a quarterly dividend equivalent to 6% of net assets, starting in the quarter ending 30th June
- A value-oriented investment trust that aims for capital growth from a portfolio of companies which trade at a discount to their underlying NAV
- The fund’s underlying investments are priced at an average discount of -23.1% to NAV which, combined with the trust’s own share price discount of -5.9%, equates to an effective discount of -27.6%
- Currently overweight emerging markets, and positioned for a continued global recovery
This site is designed for investment professionals and other intermediaries authorised in the UK by the Financial Conduct Authority. If you are not an investment professional or authorised intermediary you should not proceed.
UK equity income trusts trade at a discount to their global-equity-income-focused counterparts, yet our research suggests this could be unjustified...
Invesco's Ian Hargreaves gives his take on the trade war and more...
New research from Cass Business school helps explain why closed-ended funds have outperformed their open-ended peers in the major equity sectors since 2000...
Many smaller companies managers have been shifting into micro caps in 2018, should investors be following suit?