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Investment trusts get cheap, again

The bargain narrative has a new lease of life
April 12, 2024
  • Investment trust discount climbed again in Q1 to 16 per cent
  • Selling linked to cost disclosures

A recovery in the investment trust sector has faltered in the first quarter, leaving plenty of options for bargain hunters.

The lively market rally that took hold in late 2023 saw many trust shares ride high and discounts to net asset value (NAV) come in somewhat. That recovery has stalled more recently, however.

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