The six trust strong Growth Capital trust sector was the top performer for the year to the end of November, according to Association of Investment Companies (AIC) figures.
The sector, which includes Schiehallion, of which there are two share classes, and Seraphim Space trusts, is up 47% over the 11 months, compared to an average of 13% for the entire trust universe. The second best performer was the Property-UK Logistics sector which returned 43%, while the Country Specialist sector, buoyed by strong performance from the three Vietnam trusts, returned 31% and the Environmental sectors was up 29%. Annabel Brodie-Smith, communications director at the AIC, said: "The best-performing sector, Growth Capital, is relatively new and invests in later stage ve...
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