II Editor
18 May 2018
NEW ARTICLE: Nick Train on the virtues of doing nothing ""The lack of change is one of the more remarkable characteristics of the LSE:FGT:Finsbury Growth and Income investment trust," Nick Train said at a Frostrow Capital investment seminar today.Indeed, the highly regarded fund manager is known for ..."[link]
PIE-EATER
28 Dec 2017
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)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
II Editor
15 Sep 2017
NEW ARTICLE: Five fund managers who said 'sorry' - what happened next? "In the world of sport, a phrase bandied about on a regular basis is that "form is temporary, class is permanent". Does this hold true when a fund manager is going through a rough patch?The consensus view is that fund managers cannot be expected ..."[link]
jsan22
14 Sep 2017
Re: Man Utd that's what I thought, but:[link]
fletch2002
13 Sep 2017
Man Utd Eh ?
Shadowplay
13 Sep 2017
Man Utd? Should have invested in Chelsea - much better team, much better future, no overpriced players etc etc. Glazers are selling up as they finally recognise the true value of the underperforming assets
PIE-EATER
27 Jun 2017
Re: Share price and for factsheets for many ITs....
Windlesham Don
26 Jun 2017
Re: Share price The same problem exists for BRWM, but curiously has yet to be fixed!
fletch2002
26 Jun 2017
Share price At last a proper price daily for FGT. Don't know what happened last week, some gremlin in the ii back office.
holland44
21 Feb 2017
Re: Share Price I suppose buying the same holdings as FGT makes sort-of sense, given that Nick Train trades relatively infrequently and he does not hold unquoted equities. However you could not replicate his purchase and sale timings, as I don't think these are publicised anywhere: you only get the Top10 investments regularly and a fullish breakdown in the annual accounts. So you would lose out on timing, on his ability to secure low dealing costs, and on the option of introducing gearing if needed.I would rather pay a good manager's fees and let him make the decisions about when and where to invest, or to borrow if he or she's feeling bullish. It's hard enough to find a decent trust manager who has a chance of beating the indices, and I have very little faith that I could do better - not just on deciding what assets to hold, but also key aspects like timing and dealing costs.
PIE-EATER
20 Feb 2017
Re: Share Price So you have a well regarded manager, a trust with an active discount management policy and you want to buy the individual holdings (approx 30x dealing charges)....Why?When would you sell a holding?When would you buy a new holding?Why do you want to increase dealing charges by 30xSorry, but I just don't get it.........PE
Ytong
20 Feb 2017
Share Price I suppose the latest sp fluctuation is as a consequence of Kraft/Unilever approach being on and off and can understand the Pearson holding dragging on everything else...other than that, I wonder if it would be more worthwhile just buying the same holdings as are held by this trust?
II Editor
26 Sep 2016
NEW ARTICLE: The best performing Rated Funds three months after Brexit "Almost three months after the UK voted to leave the EU, we assess the top-performing Money Observer Rated Funds in the UK and beyond. Perhaps surprisingly, the UK's smallest companies have outperformed both UK growth and UK equity income over the ..."[link]
jsan22
24 Aug 2015
Re: Backing Yourself yes but to be fair so has every other stock fund, and this one much less than many others.
RichardBB49
24 Aug 2015
Re: Backing Yourself How quickly things changed dropped of a cliff a week ago and today lost a further 5% of its yesterday closing price
