What are the future trends for Investment Trusts?
Wednesday, 12 July 2023
AssetTV recently hosted a virtual conference around Future Trends in Investment Trusts, which we were delighted to participate in. Watch our Investment Director, James Hart, in discussion with Jim Adams, Head of Research at Boring Money, to hear about the future and benefits of investment trusts, the importance of sustainable investing, and the key themes of 2023 so far.
Witan Investment Trust is an equity investment. Past performance is not a guide to future performance and the value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuations and you may not get back the amount originally invested. This video refers to the performance of Witan Investment Trust. At the time that this video was filmed (28 June 2023) the discrete performance of the Trust was:
Discrete Performance*
| Q1 2018 Q1 2019 | Q1 2019 Q1 2020 | Q1 2020 Q1 2021 | Q1 2021 Q1 2022 | Q1 2022 Q1 2023 | |
|---|---|---|---|---|---|
| Share Price (Total Return) | 3.9% | -19.3% | 43.8% | 3.7% | -0.7% |
| Net Asset Value (Total Return)** | 5.0% | -18.5% | 49.0% | 4.1% | 1.7% |
| Benchmark (Total Return)*** | 7.4% | -9.1% | 37.6% | 13.2% | -0.3% |
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*Source: Morningstar. Total return includes the notional investment of dividends. For more information go to http://www.witan.com/support/legal-information |
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For a full overview of the Trust’s performance please visit www.witan.com. Investment trusts and closed-ended funds are allowed to borrow. This is known as ‘gearing’. In a rising market, it will tend to enhance returns because of the investment fund’s increased exposure to the market. By the same token, however, it will tend to increase losses triggered by a falling market and a sufficiently large fall in value could mean you get nothing back at all. Funds may, however, increase or decrease their levels of gearing to suit market conditions. The share price may trade above and below the NAV per share representing either a premium or discount to the share price respectively. Any reference to individual securities does not constitute a recommendation to purchase, sell or hold the investment. Investments and or investment strategies mentioned in the video may not be suitable or appropriate for all recipients. It is your responsibility to seek investment advice before making an investment decision. No reliance may be placed for any purpose on the information and opinions contained in the presentations or their accuracy or completeness.
Issued and approved by Witan Investment Services Limited FRN: 446227 on 7th July 2023.