Top 5 Best Performing Investment Trusts of 2016

Which investment trusts have delivered top returns for their shareholders this year? Commodities, mining and gold related closed-end funds are among the top performers

Emma Wall 20 December, 2016 | 2:48PM

BlackRock World Mining (BRWM)

Return YTD – 89%

Recent years have been challenging for this Silver Rated trust's management and its shareholders. This was particularly the case in 2014 when the board made the decision to write down to zero the holdings in both the London Mining Marampa royalty contract and convertible bond, totaling over £52 million. But shareholders have been rewarded for their loyalty in 2016 – as the trust is crowned best performer of the year. Should commodity prices continue to rally, as many multi-asset fund managers predict, including Schroders’ Marcus Brookes, this trust may finally be in the red after five calendar years of losses.

The trust currently trades on a 6.8% discount.

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.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BlackRock Energy and Resources Income62.04 GBX1.87
BlackRock World Mining Trust plc399.28 GBX0.57
Golden Prospect Precious Metal Ord54.00 GBX-2.35
JPMorgan Brazil Ord61.00 GBX-3.94
JPMorgan Russian Securities Ord546.00 GBX-0.18

About Author

Emma Wall  is former Senior International Editor for Morningstar

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies