Investor Views: “I’m Making Investments for Life”

Closed-end fund investor David Petrie tells Morningstar why a portfolio of investment trusts is at the heart of his retirement plans

Emma Simon 9 September, 2015 | 2:06PM

This article is part of Morningstar’s Guide to Your Financial Education, providing our readers with the tools they need to become a successful private investor.

David Petrie, a retired IT manager, invests a significant part of his pension portfolio in investment trusts. While some of these are higher yielding trusts, the rest are focused on capital preservation.

He is sticking with the trust, on the hope that performance will turn around

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
City of London Ord325.50 GBX0.15
Edinburgh Investment Ord441.00 GBX0.11
Invesco Income Growth Ord222.00 GBX-1.77
Murray International Ord957.00 GBX0.42
Perpetual Income & Growth Ord209.00 GBX-0.48

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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