Re: Old investor Surprised anyone in Edinburgh can sleep at night due to the barking from this old dog. However I believe the managers are good - its just out of fashion and going through a bad patch but will come back given a medium horizon (2-3yr). I am holding and the divi is nice.
Re: Old investor I have been a long term holder but have become disillusioned over the past couple of years and will be looking to offload when the discount narrows a little. I think the manager is 'middle of the road' and the sector UK Income has lost its appeal.I am looking more towards the global low cost index funds like Lifestrategy these days.
Re: Old investor Thanks for the comments devonplay and allthat glistens.With the markets in the mood they are in I am certainly going to keep tabs and look to take a decision after the financial year end when I will look to transfer in my annual ISA allowance.I am thinking that rather pick my own stocks in what may well be quite a turbulent year perhaps it will be better to go with an IT where the have "expert eyes" on their holdings rather than my more amateurish approach. The question, dependant on market levels t that time will be whether it is better to go for an income focused trust or one that focuses more on capital appreciation.Thanks againTJ
Re: Old investor I cannot see any reason to buy a large UK income fund.
Re: Old investor I recently added ( about 2% down since then), so I suppose that means I'm bullish for the long term.I've always thought of EDIN as a defensive play and this purchase was part an overall startegy, so 2% doesn't concern me over a matter of weeks.At this price, or around this price, I think it could be long term bargain.I haven't read the Questor article, but I have seen mutiple tipsters suggest it's "good value".Only time will tell, but over my time horizon (10 yrs) it might just be in on of those value stages.DL
Old investor EDIN was my first investment trust back in the 80's. I sold out in the mid 2000's but have always kept an eye on its progress.I have been thinking about getting back into it in recent months and was interested in the Questor column in the Telegraph on 1st February recommending it as a buy at around 681 pence.I note that today it is trading round the 640 pence mark dropping some 6 percent in just 3 weeks.Is now a reasonable time for me to dip my toes in the water again I wonder or should I hang on until April and cosider putting it in an ISA for the new financial year.What do any current holders think about EDIN either positive or negative?Kind regardsTJ
Re: Edinburgh improving In the half yearly report dated 30 september 2017 Capita is listed as the 29th share with a 1.5% holding.Regards, WarrenGemini
Re: Edinburgh improving Can anyone tell me whether this fund has a holding in Capita? It was another dud in the Woodford stable and Mr Barnett does seem to share many holdings in common.As the discount has got close to 10% I have become interested again having sold out after the Provvie mess, but if the manager has slid on yet another banana skin then that is me out for the long term...Regards,
Re: Sold out now I know performance hasn't been good, and the discount is nearly 10%, the highest for at least 8 years, but I don't think that now would be the best time to sell. I'm hoping for a double whammy of improved performance and narrowing of the discount.
Sold out now After a few years of underperformance, and now it has sunk to the bottom quartile performance (24/25) I've lost patience.I noticed their holding in Capita and have now taken the view that Barnett has been caught holding too many duds. I have gained 16% over about 3 years but should have sold out far earlier.
Re: Edinburgh improving Maybe under 700, but I'm not tempted at the present discount to nav.After a period of under performance, I want to be offered a better discount to take on the risk.DL
Edinburgh improving [link] The Times 16/07/18Looks like it is going to improve, DYORKapita
Re: O/T MiFID 2 and investment trusts I had to fill in a suitability tick box form to show that I was an experienced investor. No problem apart from the waste of time.My daughter had opened an account and on her first attempted trade Friday before last she had the same exercise and as a "newby" inexperienced investor she was blocked.Put the same trade through last Monday, no interrogation and no block.Annoying thing is she ended up paying a couple of pence per share than if it had gone through on the Friday.Seems to be a pointless exercise !!
O/T MiFID 2 and investment trusts Just a query to see if anyone else has had problems trying to deal in Investment Trusts due to the forthcoming MiFID 2 regs?Jarvis X-O say I need to confirm having seen the KIID (but there isn't one at the minute just a monthly factsheet)AJ Bell and HL both say IT's are unaffected by MiFID 2 as they are listed investmentsSurely some clarity and consistency is required?Thanks in advance PE
Re: NEW ARTICLE: Bargain hunter: Widest ... Looked more of a bargain @ 698 failed to lift yesterday , got today @ 697.5pTo many AIM shares trying to change the balance.Whole market is down this a reflection.