Alliance Trust has been one of the top performers in the global equity sector this year (23.5% NAV YTD) with performance being driven by the expert stock picking of the trust’s underlying managers, many of whom are typically inaccessible to retail investors. In addition, the board have recently announced a 32.5% increase in their dividend from the 2020 level. Despite these positive figures, the trust still sits on a 5.9% discount.
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