The accelerant effect of a closing discount adds considerable appeal to investment trusts for many investors, boosting the impact of a rising net asset value (NAV) when it happens concurrently, and leaving the shareholder with what is a de facto ‘geared’ return. Identifying trusts which are trading in a discount to NAV which is likely to close is no mean feat, though, with more than 450 investment trusts to choose from – and typical discounts among conventional trusts around the 10% mark. Last w ....
11 Nov 2020
Now that's what I call a discount!
Downing Strategic Micro-Cap Investment Trust PLC GBP (DSM:LON), 0 | BlackRock Frontiers Investment Trust PLC (BRFI:LON), 150 | MIGO Opportunities Trust PLC GBP (MIGO:LON), 342 | Invesco Perpetual UK Smaller Companies Investment Trust PLC (IPU:LON), 406 | NB Private Equity Partners Limited Class A (NBPU:LON), 2,100 | JPMorgan European Discovery Trust plc (JEDT:LON), 466
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Now that's what I call a discount!
Downing Strategic Micro-Cap Investment Trust PLC GBP (DSM:LON), 0 | BlackRock Frontiers Investment Trust PLC (BRFI:LON), 150 | MIGO Opportunities Trust PLC GBP (MIGO:LON), 342 | Invesco Perpetual UK Smaller Companies Investment Trust PLC (IPU:LON), 406 | NB Private Equity Partners Limited Class A (NBPU:LON), 2,100 | JPMorgan European Discovery Trust plc (JEDT:LON), 466
- Published:
11 Nov 2020 -
Author:
Pascal Dowling -
Pages:
4
The accelerant effect of a closing discount adds considerable appeal to investment trusts for many investors, boosting the impact of a rising net asset value (NAV) when it happens concurrently, and leaving the shareholder with what is a de facto ‘geared’ return. Identifying trusts which are trading in a discount to NAV which is likely to close is no mean feat, though, with more than 450 investment trusts to choose from – and typical discounts among conventional trusts around the 10% mark. Last w ....