- With light at the end of the tunnel for economically sensitive stocks, investors might be mulling value funds once more
- We look at one of options – but stress the risks still in play
- Exposure to unloved companies with a potential catalyst for improvement
- A good option if a market rotation does occur
- Balanced approach should offset some of the investment risks
- No guarantee that value investing will bounce back in a sustained way
- The trust's shares could prove volatile
After several months of dismal performance, cyclical stocks may finally have glimpsed some light at the end of the tunnel. The news of two different vaccine breakthroughs – from Pfizer (US:PFE) on 9 November and Moderna (US:MRNA) just a week later – have triggered big price gains for economically sensitive groups including airline stocks, pub groups and some financials.