RIT Capital Partners update: discount to NAV narrows

RIT Capital Partners one of the components of the MoneyWeek investment trust portfolio, has seen a narrowing in its share price's discount to its net asset value.

RIT Capital Partners (LSE: RCP), one of the components of the MoneyWeek investment trust portfolio, saw a significant narrowing in its discount, the difference between its share price and net asset value (NAV) in March.

As of 31 March, at a NAV per share of 2,673 pence, the fund traded at a discount of 4.6%; much lower than February when it traded at a discount of 8.4%.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Explore More
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