Discounts on many investment trusts have widened significantly this year
The global markets sell-off has more than doubled the average discount to net asset value on investment trusts, moving from 3.8% at the end of 2019 to 9.3% at the end of February, according to the AIC. That presents an opportunity for investors with an appetite for risk to consider buying trusts that interest them at much cheaper prices. Several sector discounts have widened by a greater amount, notably...