Increased demand for UK SMID trusts sees discounts narrow to tightest levels in three years

NAVs slumped throughout Q4 2018

Jayna Rana
clock • 3 min read

The average discount on UK small- and mid-cap focused trusts has tightened to 6% - the lowest level seen since before the EU referendum in 2016 - following heightened demand in the wake of sharp share price falls at the end of 2018.

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