One of the attractions of investment trusts is the potential to pick up discounted bargains, which can supercharge NAV returns if correctly anticipated. As we have remarked before, closed-ended funds have historically delivered superior NAV returns. But buying shares on a substantial discount can significantly enhance those NAV returns should the discount narrow on a sustained basis. The reasons for investment companies long run NAV outperformance of equivalent open-ended funds, lies with their ....
13 Feb 2019
Sweet treats
Sweet treats
Barings Emerging EMEA Opportunities PLC GBP (BEMO:LON), 0 | abrdn Asia Focus plc (AAS:LON), 266 | Oakley Capital Investments Ltd Registered (OCI:LON), 468 | Tetragon Financial Group Limited (TFG:LON), 992 | River and Mercantile UK Micro Cap Investment Company Ltd GBP Accum.Red.Shs (RMMC:LON), 0
- Published:
13 Feb 2019 -
Author:
Thomas McMahon, CFA -
Pages:
6
One of the attractions of investment trusts is the potential to pick up discounted bargains, which can supercharge NAV returns if correctly anticipated. As we have remarked before, closed-ended funds have historically delivered superior NAV returns. But buying shares on a substantial discount can significantly enhance those NAV returns should the discount narrow on a sustained basis. The reasons for investment companies long run NAV outperformance of equivalent open-ended funds, lies with their ....