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The Specials: 8 great, overlooked investment trusts

Underperforming 'special situation' trusts have got the message that, like Rudy in The Specials' hit song, they must straighten right out.

 
The Specials: 8 great, overlooked investment trusts

In the investment trust world the term ‘special situations’ refers to trusts that have gone through a period of poor performance and have either responded with corporate change or are under pressure to do so in order to improve investor returns.

They are - in the words of The Specials' 1979 hit 'A Message to You, Rudy' - being told to straighten right out.

Shares in ‘special situation’ trusts often trade well below their net asset value (NAV) so buying them when they are cheap and waiting for the hidden value to be unlocked can be a successful investment strategy. However, the risk is if that if change is not forthcoming investors can be trapped in dud investments.

This article in this month's Investment Trust Insider looks at what happened to 10 special situations we identified in 2014 and discovers eight more for 2016.

You can access 'The Specials' here.
Any problems please us this
PDF and go to page 36.

1 comment so far. Why not have your say?

CUEBALL

Mar 17, 2016 at 20:03

Chris Mill's ..never heard of him ...is he any good? ...where is the fund invested?

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by Daniel Grote on Jul 29, 2016 at 16:07

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