An investment trust portfolio for the long term

David C Stevenson finishes off building his portfolio of five investment trusts for the long run.

This week I'm finishing off my portfolio of five investment trusts for the long run. My final two suggestions consist of one trust covering broad equities, and another investing in bonds and loans. All five trusts are listed in the table below. Several are trading at decent discounts to book value, making now a solid entry point. Altogether, if you were to give each fund an equal share, the yield across the portfolio would be just under 4%.

A cheap way to play global stocks

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David C. Stevenson
Contributor

David Stevenson has been writing the Financial Times Adventurous Investor column for nearly 15 years and is also a regular columnist for Citywire. He writes his own widely read Adventurous Investor SubStack newsletter at davidstevenson.substack.com

David has also had a successful career as a media entrepreneur setting up the big European fintech news and event outfit www.altfi.com as well as www.etfstream.com in the asset management space. 

Before that, he was a founding partner in the Rocket Science Group, a successful corporate comms business. 

David has also written a number of books on investing, funds, ETFs, and stock picking and is currently a non-executive director on a number of stockmarket-listed funds including Gresham House Energy Storage and the Aurora Investment Trust. 

In what remains of his spare time he is a presiding justice on the Southampton magistrates bench.