despite much bad press, the split-cap sector has a lot to offer and a better quality of stock
While the fallout in the highly geared split-cap trusts continues to roll on, a number of ABN Amro-rated AAA and AA grade splits are continuing to go about their business of providing returns from a quality portfolio. According to a report on splits by John Newlands, investment trust analyst at Williams de Broe, the adverse sentiment in the splits sector created by the highly geared trust of trusts has meant even quality splits have fallen out of favour with investors. As a result, there are buying opportunities on fundamental grounds and, moreover, the availability of stock has improv...
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