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 (borrowing to invest) works in investment trusts, and the extra risk and reward it brings.
Read guide →Dividend Heroes: UK Investment Trusts with 20+ Years of Rising Payouts
How the AIC's Dividend Heroes have grown their payouts for decades 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 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 OEICs or unit trusts.
Read guide →Revenue Reserves Explained: How Trusts Smooth Dividends Through Downturns
How investment trusts use revenue reserves to maintain dividend payments even in weak years.
Read guide →Closed-Ended Fund Risks: Liquidity, Gearing, and Board Governance
The specific risks of investment trusts, including share price liquidity, gearing, and board oversight.
Read guide →Specialist Investment Trusts: Private Equity, Infrastructure, and Renewable Energy
An overview of specialist investment trust sectors and the illiquid assets they give ordinary investors access to.
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