Fund's lengthy annual statement proves well worth wading through

One of my greatest disappointments with the nominee-based electronic share dealing systems operated by most brokers - especially the cheapo ones I use - is that you do not get the paper reports and accounts sent to you.

Call me a nerd but I always liked looking at them to see what skulduggery my fund managers and CEOs were up to, but now I am forced to go online and download those wretched PDFs – and because I am very stingy and do not like wasting good copying paper I only ever skim read the PDFs which is a cardinal sin for any value-based contrarian investor. But luckily my numerous investment trusts savings plans do not fall into this category and they still send out those wonderfully un-green 67,000 page documents, which in the case of RIT Capital Partners is a wonder to behold – in my opinion the a...