Investor Views: “I’ve Made 300% from Property Trusts”

Retired investor Philip Rawnsey has long been a fan of investment trusts – especially the recent gains he has made from REITs

Emma Simon 2 August, 2017 | 3:54PM

Philip Rawnsey was at university when he got the investing bug. While today’s students may have their finances consumed by loans and overdrafts, Rawnsey was lucky enough to receive a free higher education.

He says: “I was awarded a sponsorship at university and money was available over and above my immediate needs. So I started a 30-year with-profits endowment policy with Scottish Widows, which cost around £16 a month.”

Rawnsey says his humble background, made him determined to do well in life. He says: “I grew up in a single parent family, living in my grandmother’s house, and money was always short. I started to saving young to avoid penury in later life.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
JPMorgan Indian Ord558.00 GBX1.45
Merchants Trust Ord363.50 GBX0.14
Safestore Holdings PLC762.00 GBX0.79
Segro PLC941.60 GBX0.53
Vodafone Group PLC124.72 GBX1.05

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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