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James Henderson's HOT trades post-Brexit

James Henderson, the manager of the Henderson Opportunities Trust,has been finding a number of attractive investment opportunities since the summer, especially in the pharmaceuticals sector. 

Following the sterling-fuelled rise in overseas company earnings after the referendum vote, Henderson has started to make changes to his portfolio. He has been selling mining shares, taking profits to put to money into domestic companies that are exporting.

In this video he discusses the types of companies he is investing in as well as why the trust has been on a discount. 

The trust's discount widened over the last year but Henderson believes that it is tightening again. It is currently on a 16.2% discount to NAV - on 3 December it reached a high of 23%.  

Over three years it delivered a total return of 28.1% on an NAV 28.1%, versus a sector average of 26.1%. Over one year the trust has returned 33% compared to a sector average of 22.8%. 

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James Henderson
James Henderson
76/86 in Equity - UK Equity Income (Performance over 3 years) Average Total Return: 22.02%
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