24 January 2024 - interim results
Many readers may have been surprised when we tipped shares in this US-focused investment trust last August. Nevertheless, the tip has proved successful with the shares having moved up from 154p to 179p - a gain of over 16% in under six months. Not bad for a relatively low risk investment! The company announced its interim results yesterday and, in the six months to 30 November, its net asset value increased by 4.1%. This compared with a total return of 7.9% in the S & P 500 in sterling terms. Thus the performance . . .
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