magazine archive

magazine archive

Investment Trusts

Investment trusts with the lowest charges

Thursday 06 Aug 2020

Low-cost tracker funds including exchange-traded funds have been grabbing ever more market share as investors demand value for money, but there are now an increasing number of active funds, especially investment trusts, competing on price. When talking about fund pricing, the ongoing charges figure...

The investment trusts trading at larger than usual discounts and premiums

Thursday 23 Jul 2020

Like all parts of the market the investment trusts space has been shaken up by coronavirus. As share prices and valuations have begun to settle back into place, many trusts have been left at wider and narrower than usual premiums and discounts to net asset value (NAV). In this article Shares has...

The great misconception about investment trust revenue reserves

Thursday 16 Jul 2020

Revenue reserves are often touted as a major advantage of owning investment trusts over traditional funds (also called open-ended funds). However, there can be some misunderstanding over how this feature works, which we will now explain. Investment trusts (also called closed-ended funds) are...

Growing concerns about renewable energy funds

Thursday 09 Jul 2020

Renewable energy looks to be one of the areas set to receive the greatest amount of investment over the next 10 to 20 years. However, some market commentators have argued it’s a sector not worth backing. A hard-hitting research note at the start of the year from JP Morgan claimed renewable energy...

Why Scottish Mortgage won’t go the way of Woodford

Thursday 02 Jul 2020

Shareholders in FTSE 100 member Scottish Mortgage ( SMT ) have just voted in favour of the popular investment trust increasing the maximum percentage of privately-owned businesses in its portfolio from 25% to 30%. This is an important development for the trust for several reasons, one of which is...

Why investment trusts are reconsidering their dividend policies

Thursday 18 Jun 2020

Since the onset of the Covid-19 pandemic, dividend investors have had a rough old time of it. Quoted company after quoted company has cut or cancelled the shareholder reward. Against this backdrop the investment trust sector has acted as a partial safe haven. Income seekers have long been attracted...

Which trusts can weather the dividend cuts storm?

Thursday 23 Apr 2020

With UK companies suspending dividends left, right and centre, times are tough for income investors. One possible solution is to look to investment trusts. Many are sitting on significant revenue reserves which they can draw on during ‘rainy days’ to supplement their revenue and maintain dividends...

Infrastructure trusts have been a saviour to investors

Thursday 09 Apr 2020

Amid all the gloom and falling markets as a result of the coronavirus pandemic, at least one area of investment seems to be holding up relatively well. Mostly seeing smaller declines than the market year-to-date and maintaining their dividends, renewable energy infrastructure investment trusts will...

How fund managers are reacting to the coronavirus crisis

Thursday 02 Apr 2020

Just as retail investors are being forced to deal with significant disruption to the markets, so too professional fund managers are having to react to the new realities created by the coronavirus outbreak. In this article Shares talks to the people at the helm of two popular investment trusts to...

What to know if an investment trusts issues C shares

Thursday 26 Mar 2020

A little known share class called conversion, or ‘C’, shares recently had a moment in the sun when music rights investor Hipgnosis Songs Fund ( SONG ) issued them as a way to raise new cash. The investment trust, newly promoted to the FTSE 250, raised £231m in a C share issue so it could buy more...