Train's FGT outperformance to continue but 2% discount is not yet a 'bargain'
Share price dropped by 3.5%
Nick Train
A 2% discount – its widest for almost a decade – may not be enough to present a 'bargain' in Nick Train’s Finsbury Growth & Income investment trust (FGT), according to analysts.
Despite continued outperformance from FGT - 2019 represented its third calendar year beating its FTSE All-Share benchmark - the discount has widened in recent weeks. Performance started to decline around...
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