Personal Assets Trust update: keep faith in gold

Personal Assets Trust one of the components of the MoneyWeek investment trust portfolio, saw a rise in its premium relative to  net asset value. Saloni Sardana looks at how the trust is doing.

Gold bars and coins
Gold bars remained the trust’s biggest holding
(Image credit: © Chris Ratcliffe/Bloomberg via Getty Images)

Personal Assets Trust (LSE: PNL), one of the components of the MoneyWeek investment trust portfolio, saw a rise in its premium relative to net asset value (NAV, the value of the underlying portfolio).

As of 30 April, the trust recorded a premium of 2.2%, higher than March, when the premium was 1.8%.

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni