I was wandering aimlessly in Ciao and came across listings for most investment trusts. Well investment trusts are very like unit trusts but you can usually buy in at prices below the actual market...
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Advantages Gains in line with market, balance portfolio
Disadvantages Equity risk, Gearing
I was wandering aimlessly in Ciao and came across listings for most investment trusts. Well investment trusts are very like unit trusts but you can usually buy in at prices below the actual market value of their underlying investments. As I like a bargain this seemed a most sensible way to invest. Anglo & Overseas Trust PLC announced that at the close of business on 7 February 2003 its Net Asset Value (NAV) per share was 173.50p, which compares to the current share price of 140p. The Anglo & Overseas Trust has taken my eye for some time; indeed I currently hold a small investment in it via my ...
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