Ten need-to-know trusts for investors
27 Jul 17
Hits on the AIC website have soared in recent months, but which investment trusts have been peaking investor interest so far this year?
4) City of London Investment Trust
In fourth place is the City of London Investment Trust, which now comes under the newly-created Janus Henderson brand.
It holds the title as the first ever investment trust after being founded in 1868.
The Company’s reported income made good progress and, with a large portion of investments held overseas, revenue was helped by £3.8m through the fall in sterling year on year.
Net revenue return per share rose 7.6% to 7.24p on the equivalent six month period in 2016.
Tags: Abrdn | AIC | Baillie Gifford | Janus Henderson
