We explain why this investment trust represents such excellent value
Thursday 31 Jan 2019 Author: Tom Sieber
In recent months the discount to net asset value (NAV) at private equity investment trust ICG Enterprise ( ICGT ) has widened dramatically despite no significant change in the management, strategy or fortunes of the fund. This has created a compelling value opportunity for investors. A recently published quarterly NAV update covering the three months to 31 October 2018 brought home the scale of this opportunity. The shares are...