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
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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.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
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.