Smithson Investment Trust plc SSON

Founded by Fundsmith manager, Terry Smith, this trust invests in small to midsized companies across the world.

Still relatively cheap.
As in trading at a discount to nav of 8%. Outside market turmoil normally on 3% premium kept in place by constant issue of new shares (£500 million at one time) Year high:2,040p
Presently 1,386p
And 8% discount NAV 1,420.14
This is a product of the rotation from growth to value.
Low for the year 1,131.00p v present price 1386p
Has the rotation ended?
I will check my crystal ball…a bit cloudy at the moment. I will come back when it clears.

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