Fund of the week: Casting a net for immature entrepreneurs

If you’re looking for a top-performing investment trust, you could do worse than the Edinburgh Worldwide Investment Trust (EWI). The Baillie Gifford-run trust
is “one of the best performing Global sector investment trusts”, says Leonora Walters in the Investors Chronicle, and has significantly outperformed its benchmark, the MSCI All Countries World Index.

Over five years it delivered a 221% return – nearly twice its benchmark’s. It returned 61.6% over three years and 36.4% over one year.

But the question is whether the trust’s new manager, Douglas Brodie, who replaced Mark Urquhart, can keep this up, given Baillie [...]

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