SSON

Shocking_Blue

Could I ask what members' opinions are on Smithson Investment Trust. They seemed to be doing well but have apparently had a less than impressive showing YTD, relatively speaking:

https://www.morningstar.com/cefs/xlon/sson/total-returns

Thanks in advance.

coastline

Could be the 40% in the Technology sector ? Open top ten sectors.

Smithson Investment Trust Plc Share Price (SSON) ORD GBP0.01 | SSON (hl.co.uk)

Similar pattern as the Nasdaq ?

Smithson Investment Trust PLC, UK:SSON Advanced Chart - (LON) UK:SSON, Smithson Investment Trust PLC Stock Price - BigCharts.com (marketwatch.com)

Set to 3 months and 6 months.

Chart Tool | Trustnet

In general Value has outperformed this year.

Chart Tool | Trustnet

Moe_The_Bartender

SSON is a core holding for me alongside Fundsmith. I see both as defensive growth and don’t care if they underperform the current fad for value in a short timeframe. Long term, they are likely to continue to do what I want them to.

Shocking_Blue

Many thanks, both.

TBC15

It’s what my SIPP is invested in, good move so far. ( not suggesting all eggs’ in one basket is a good move for most people)

Thrugelmir

What's your investment rational for buying this particular trust?  YTD performance is neither here nor there. As it's a concentrated fund. Are there particular holdings of interest? 

Prism

I bought in at the IPO and been very happy so far as it has done what the prospectus said. Pretty stable group of quality holdings. It works pretty much like Fundsmith but at a smaller cap. The trust premium hovers around 2% much of the time.

csgohan4

SSON is a good option for small caps, I use BG Discovery myself, but personal preference

aroominyork

csgohan4 said:

SSON is a good option for small caps, I use BG Discovery myself, but personal preference

Smithson is not small cap. It is mid cap. In fact, by Morningstar's categories, it holds more large cap than small cap https://www.morningstar.com/cefs/xlon/sson/portfolio

Moe_The_Bartender

Thrugelmir said:

What's your investment rational for buying this particular trust?  YTD performance is neither here nor there. As it's a concentrated fund. Are there particular holdings of interest? 

YTD 5.98%. That would be about 13% annualised. From inception 24.1% annualised. I don’t call that neither here nor there.

csgohan4

aroominyork said:

csgohan4 said:

SSON is a good option for small caps, I use BG Discovery myself, but personal preference

Smithson is not small cap. It is mid cap. In fact, by Morningstar's categories, it holds more large cap than small cap https://www.morningstar.com/cefs/xlon/sson/portfolio

It does cover small cap as well according to the KIID as well.Yes it cover mid as well

'The Company’s investment policy is to invest in shares issued by small and mid sized listed or traded companies globally with a market capitalisation'