Investment Trusts
Britain's oldest fund structure, listed on the stock exchange and able to gear, retain income, and trade at a discount to its assets.
The Power of Gearing: How Investment Trusts Maximise Long-Term Returns
How gearing, or borrowing to invest, works in investment trusts, and the extra risk and potential reward that it brings.
Read guide →Dividend Heroes: UK Investment Trusts with 20+ Years of Rising Payouts
How the AIC's Dividend Heroes, UK investment trusts with 20 or more years of rising payouts, have grown using revenue reserves.
Read guide →Discounts and Premiums to NAV: How to Spot Value in Investment Trusts
How to interpret an investment trust's discount or premium to net asset value when assessing whether it offers good value.
Read guide →Investment Trusts vs Open-Ended Funds: Structural Differences That Matter
The key structural differences between closed-ended investment trusts and open-ended funds such as OEICs or unit trusts.
Read guide →Revenue Reserves Explained: How Trusts Smooth Dividends Through Downturns
How investment trusts use revenue reserves built up in good years to maintain dividend payments even through weak years.
Read guide →Closed-Ended Fund Risks: Liquidity, Gearing, and Board Governance
The specific risks of investment trusts, including share price liquidity, the use of gearing, and board oversight quality.
Read guide →Specialist Investment Trusts: Private Equity, Infrastructure, and Renewable Energy
An overview of specialist investment trust sectors, including private equity, infrastructure, and renewable energy assets.
Read guide →How Investment Trust Boards Work: Independent Directors and Shareholder Protections
The role of an investment trust's independent board of directors, and how it works to protect the interests of shareholders.
Read guide →Buying Investment Trusts: Why They Trade Through a Stockbroker, Not a Fund Platform Deal
Why investment trusts are bought and sold as shares through a stockbroking account, rather than as a standard fund platform deal.
Read guide →Investment Trust Mergers and Wind-Downs: What Happens to Your Shares
What happens to your shares and your money when an investment trust merges with another trust or winds down completely.
Read guide →Global Growth Investment Trusts: A Long-Term Core Holding Option
How global growth investment trusts work as a long-term, diversified core holding option within a wider UK portfolio.
Read guide →REITs vs Property Investment Trusts: Understanding UK Listed Real Estate Exposure
The difference between REITs and traditional property investment trusts for gaining exposure to UK listed real estate.
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