MoneyWeek portfolio: How our trusts have fared – August 2014 update

There’s no change as Merryn Somerset Webb reviews our portfolio of investment trusts.

When I first produced the investment trust portfolio for you in summer 2012, I did warn you that the idea of reviewing it every six months was more an aspiration than a promise.

I also warned you that the reviews would be mostly entirely pointless, in that I was unlikely to make many changes – trading being the biggest enemy of performance there is. Both warnings were entirely justified.

The portfolio has been running for just over two years. We have reviewed it twice and [...]

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