A number of investment trusts have seen their premium/discount levels change significantly since June this year, making them less expensive relative to their NAV, according to investment company analysts at QuotedData.
In a recent review of the investment trust universe between 30 June and 30 September, the analysts found a range of funds across the sector have become less expensive following a significant widening of discount levels, and in some cases, the falling of premiums. Legal finance fund Juridica saw the biggest change over the three months, falling from a discount of -4.5% on 30 June to -33.4% on 30 September. The sharp drop came after the company made a capital distribution to its shareholders. Meanwhile, technology company FastForward Innovations saw good performance during the period, p...
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