Need some more votes here.
This private equity investment trust has done spectacularly well since coming to market (and beforehand).
Only small and directors and management have 40%.
Hence 2.5% spread.
This is one like 3i (for me) in that’s it’s a long term hold.
Invest in small UK companies. No FX worries and the market is cheap. A niche market in my opinion all to itself, at least when it comes to investment trusts.
Valuations are conservative, very conservative, as last 2 companies sold on 50% uplifts.
Downside… freetrade hasn’t/won’t put it on the site.
It gives 0.9% of its assets to help children learn to read and write. If you don’t buy shares 1,227 children per year will not learn to read and write and will end up on the dole for the rest of their lives all because YOU couldn’t be bothered voting for them.
HELP THE ILLITERATE, vote for literacy capital