Investment trust discounts hit new high – is now the time to buy?

Investment trusts are trading at their widest discounts since 2008, here is how to profit from it

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Investment trusts discounts are at their widest since 2008, so does this represent a buying opportunity?

Analysis from the Association of Investment Companies (AIC) has revealed that the average investment company traded at a discount of 16.9% at market close on 31 October 2023.

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Header Cell - Column 0 Average discountZ-score 5 Yr
Private Equity-34.0-0.8
Infrastructure-32.2-2.0
Renewable Energy Infrastructure-30.2-2.8
Property - UK Commercial-29.6-1.1
Flexible Investment-21.7-1.3
North America-19.1-1.1
Global Smaller Companies-17.8-1.2
UK Smaller Companies-15.2-0.2
UK All Companies-13.6-1.0
Asia Pacific-11.7-1.7
Europe-10.8-0.5
Global-10.6-1.1
Japan-7.60.0
Global Equity Income-6.6-1.3
UK Equity Income-6.2-0.8
Global Emerging Markets-0.5-1.0
Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.