Investment Trusts Prioritise Shareholders

Since the changes in regulation last year some investment boards have been proactive in trying to make their funds more attractive for existing and potential shareholders alike

Szymon Idzikowski 19 August, 2014 | 3:17PM
Facebook Twitter LinkedIn

Since the implementation of the Retail Distribution Review (RDR), investment trusts have come under the scrutiny of a broader audience—and rightly so. As a result, some boards have been proactive in trying to make their funds more attractive for existing and potential shareholders alike.

Boards are now prepared to take more action regarding the management of discounts

One trend we have been seeing is stock splits. Over the last five years, 16 funds have sub-divided their shares, with nine of those happening in 2014 alone.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Fundsmith Emerging Equities Trust Ord1,436.46 GBX-0.25Rating
Jupiter Green Ord246.87 GBX-2.04Rating
Martin Currie Global Portfolio Ord400.33 GBX0.21Rating
Personal Assets Ord48,947.50 GBX0.41Rating
Schroder Income Growth Ord301.78 GBX0.93Rating

About Author

Szymon Idzikowski

Szymon Idzikowski  is a closed-end fund analyst with Morningstar.