The £237m Lindsell Train investment trust was the best performing closed-ended fund in 2018 according to the latest data from the Association of Investment Companies (AIC).
The trust, which is run by well-known manager Nick Train was up 44.5% between 1 January and 30 November, marking the highest share price total return recorded year-to-date for 2018. Commenting on the ranking, Michael Lindsell, joint founder of Lindsell Train alongside Train, said: "We are pleased the Lindsell Train IT delivered another period of good performance, over the 11 months to end November. AIC to recategorise sectors in 2019 following year-long review "We invest in a small number of quoted companies that we judge to be ‘exceptional' and hardly ever change them and the unde...
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