How Have Investment Trusts Fared in the Sell-Off?

Many highly rated UK investment trusts are now trading at a premium, while Asia-focused trusts are sitting on substantial discounts

James Gard 18 March, 2020 | 1:14PM

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Investment trusts have been caught up in the wave of selling along with company shares, funds and ETFs. But how have Morningstar’s best rated trusts fared during the sell-off? We look at how the sharp falls in share prices have affected these trusts’ premiums and discount.

Looking at Morningstar Direct data, Silver-rated Fidelity Special Values (FSV) is sitting at the biggest premium, at 7.24%, among trusts rated by our analysts as Neutral and above. The trust, which is managed by Alex Wright and focuses on turnaround and recovery opportunities, has fallen nearly 40% in the year to date – its benchmark, the FTSE All-Share is down 34% since the start of January.

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About Author

James Gard  is content editor for Morningstar.co.uk

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