Aberdeen Investment Trust

fraserkerr

I have signed up to Aberdeen Investment Trust Share Plan and would like to set up a regular saving for 1 or more of the Investment Trusts available to select. Listed below are the choices:

Aberdeen All Asia Inv Trust Ord 10p
Aberdeen Asian Income Fund Ord NPV
Aberdeen Asian Smaller Companies Ord 25p
Aberdeen Asian Smaller Companies CULS 2019
Aberdeen Latin American Income Ord NPV
Aberdeen Latin American Income Sub Shs NPV
Aberdeen New Dawn Inv Trust Ord 25p
Aberdeen New Thai Investment Trust Ord 25p
Aberdeen New Thai Investment Trust Sub Shs 1p
Aberdeen Private Equity Fund NPV
Aberdeen Smaller Companies High Inc Ord 50p
Dunedin Income Growth Inv Trust Ord 25p
Dunedin Smaller Companies Inv Trust Ord 5p
Edinburgh Dragon Trust Ord 20p
Edinburgh Dragon Trust 3.5% Conv Unsec Ln Sk
Edinburgh UK Tracker Trust Ord 10p
Murray Inc Trust Ord 25p
New India Investment Trust Ord 25p
North American Income Trust Plc Ord 25p
Shires Income Ord 50p
Value & Income Tst Ord 10p

Does anyone have a recommendation of which investment trust would be a suitable investment for long term growth and income.

Thanks
Fraser

TCA

Not being cheeky (as I like Aberdeen), but why choose the Aberdeen Investment Trust Share Plan (thereby limiting yourself to the above selections) when you haven't chosen your trusts in the first place?

Also, you'll probably need to give a bit more detail as to your own circumstances and investment goals, for anyone to give you specific recommendations.

BLB53

The one I would recommend is one you have not listed - Murray International.

jimjames

I have a mix of Edinburgh UK tracker, New Dawn and Dragon for my kids savings plans. New Dawn has done very well for me over the years.

westy22

Second vote for New Dawn, closely followed by Asian Smaller Companies but the NAV premium is a little high at present so it takes second place to New Dawn.

srcandas

TCA wrote: »

Not being cheeky (as I like Aberdeen), but why choose the Aberdeen Investment Trust Share Plan (thereby limiting yourself to the above selections)

I'd politely suggest that Fraser's problem is not being limited to so few but being open to so many

TCA

You might well be right srcandas. Of course this is also one way to avoid the holding costs and purchase fees of platforms (especially for regular monthly purchases), so I'll shut up. FWIW I like Aberdeen Asian Smaller Companies.

jimjames

Not sure of your risk profile or if you just copied and pasted info but I'd be very wary about putting Sub Shares in your ISA unless you like a very bumpy ride. They could end up worthless.

Please note: I've not checked the specifics of the Aberdeen ones but make sure you 100% understand them before buying. They are not like normal shares - you have been warned!

IrnBruMan

Aberdeen has some excellent investment trusts and many of its funds lead their sector.
One issue though is some of their best funds trade at a premium to NAV (net asset value). This means you are paying more than the value of the underlying assets.
Murray International is a superb fund that is trading at a premium. However, the good news is that they are issuing more shares to reduce the premium. What I`d recommend doing is setting up a watch list to alert you when the share price of the trusts you like go down. Digital look, Alliance Trust Savings, Sharescope etc all allow you to do this.

srcandas

IrnBruMan wrote: »

What I`d recommend doing is setting up a watch list to alert you when the share price of the trusts you like go down. Digital look, Alliance Trust Savings, Sharescope etc all allow you to do this.

As the OP is drip feeding monthly I don't think they need to make this hard work. Just jump in and get into the regular accumulation habit.

My choice from the list would be:

Aberdeen Asian Smaller Companies Ord 25p

as that is where I think the growth will be over the coming years and combined with Aberdeen's expertise I think that wouldn't let you down - but my guess is only as good as anyone else's :beer:

oldtoolie

The choice also depends on what other savings and investments you have and the length of time you expect to stay invested. Diversity in allocation of assets is a good thing for most people. I would hate to have all my savings tied only to Smaller Asian Companies or the UK Index or India.