Capital Gearing Trust

TUVOK

I am looking for a home for a long term safe holding and would welcome forum opinions on whether this trust would do this?
Thanks in advance for any/all replies.

Keep_pedalling

It is unregulated, you need to look elsewhere.

Malthusian

Keep_pedalling wrote: »

It is unregulated, you need to look elsewhere.

No it isn't, it's an investment trust listed on the Main Market of the LSE. Not every investment that a poster asks "is it safe" about is an unregulated scam.

Whether it is "safe" depends on what the OP means by the word. If they are looking for an investment that will never fall in value then it is inappropriate.

Keep_pedalling

Malthusian wrote: »

No it isn't, it's an investment trust listed on the Main Market of the LSE. Not every investment that a poster asks "is it safe" about is an unregulated scam.

Whether it is "safe" depends on what the OP means by the word. If they are looking for an investment that will never fall in value then it is inappropriate.

Apologies, after looking at their website and not finding a single mention of being regulated I made the assumption that there weren’t.

ColdIron

CGT is a well known and respected wealth preservation investment trust. Others in the same space are Ruffer (RICA) and Personal Assets (PNL). You might look at Troy Trojan which is a OEIC run by the same manager as PNL

There was a good discussion of these a while back in the link below, particularly bowlhead99's post #2
https://forums.moneysavingexpert.com/discussion/5709276/wealth-preservation-funds-its

A_T

CGT, PNL, RICA all hail from before the credit crunch and a time when simple cheap multi-asset funds like Lifestrategy 20 did not exist. We don't know how VLS would have performed in 2008 but what we do know is that since it's inception it has performed better than costlier "Absolute Return" funds/trusts.

Some of this may be down to costs: VLS charge 0.22% per annum while the absolute return funds charge 0.5-1% more. So they have to perform a fair bit better than VLS to make them worthwhile.

talexuser

I have some Capital Gearing (as well as PNL and Troy), as a balance to my growth funds since a proper correction has to appear at some time. They should not fall as much as most others if that happens, but will not grow as much if the bull continues.

Aminatidi

CGT is one of my biggest holdings.

Most "LifeStrategy" type multi-assets don't seem to include TIPS whilst Capital Gearing and Personal Assets are full of them.

http://www.capitalgearingtrust.com/~/media/Files/C/CGT/Portfolio%20Updates/CGT%20valuation%20%2051018.pdf

You won't find the kind of stuff CGT hold in LifeStrategy, which is not to say one is good or bad, simply that they're very different and I suspect it basically comes down to your views on active v passive.

They've been doing this for a very long time and the manager has a sizeable personal stake in the fund.