The MoneyWeek portfolio of investment trusts
MoneyWeek has created a low-maintenance portfolio of investment trusts.
MoneyWeek's editor-in-chief, Merryn Somerset Webb, has created a portfolio of six investment trusts.
Why investment trusts? Because they have a record of beating unit trusts, and tend to be cheaper; and because their closed structure means they can more easily make long-term value investments.
We’ve also called in a few experts – Simon Elliott from Winterflood, Alan Brierley from Canaccord Genuity, and the team from Rossie House, an Edinburgh-based private client manager (where, for the sake of transparency, we should tell you Merryn's husband works). They’ve all offered five suggestions for our portfolio, and Merryn's picked the ones she thinks work best for us. They are in the table below.
Table updated 1 March 2022
| Investment Trust | Price (p) | NAV (p) | Disc/prem (%) | Div yield (%) | One-yr return (%) |
|---|---|---|---|---|---|
| Caledonia Investments (LSE: CLDN) | 3,475.00 | 4,741.85 | -36.46 | 1.81 | 28.89 |
| Law Debenture Corporation (LSE: LWDB) | 801.00 | 768.19 | 4.10 | 1.69 | 15.62 |
| Mid Wynd International (LSE: MWY) | 764.00 | 742.49 | 2.82 | 0.84 | 8.86 |
| Personal Assets Trust (LSE: PNL) | 49,650.00 | 48,336.10 | 2.65 | 1.13 | 12.00 |
| RIT Capital Partners (LSE: RCP) | 2,470.00 | 2,794.00 | -13.12 | 1.43 | 18.99 |
| Scottish Mortgage (LSE: SMT) | 973.40 | 1,323.98 | -36.02 | 0.35 | -11.06 |
Read the latest detailed update (March 2022) here