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2020's investment trust winners: time to take profits?

Huge investment trust gains might be worth banking
2020's investment trust winners: time to take profits?
  • Around 70 investment trusts have made share price gains in excess of 20 per cent this year
  • Some shareholders may wish to take profits and redeploy them

It has been an unusual year in markets, to say the least. The enormous sell-off that took hold in February and March was swiftly followed by a fierce rally that has come to dominate much of the year. MSCI World index rose by nearly 40 per cent in sterling terms between the start of April and mid-December. As of mid-December the index had made a year-to-date gain of 12.6 per cent.

The stock market’s biggest winners have enjoyed even greater returns and many investment trust shares, which tend to be more volatile than markets, are among them. Approximately 70 trusts have made share price gains of at least 20 per cent for 2020, as of 14 December.

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