Investment trusts which one and why!!

GB12

Now come along ladies and gents. Ideas views on different investment trusts

ColdIron

GB12 said:

wmb194 said:

GeoffTF said:

Why bother with ITs. You have to pay stamp duty when you buy them, costs are high, and they may also under-perform. Tracker funds are much cheaper.

You don't have to pay stamp duty when buying the ones domiciled in Jersey and Guernsey.

Are you sure?

Yes. Neither Jersey nor Guernsey levy any stamp duties on shares

https://taxsummaries.pwc.com/jersey/corporate/other-taxes
https://taxsummaries.pwc.com/guernsey/corporate/other-taxes

GB12

Okay I am going to start of with an oddball on 54% discount. 
Which isn't even an investment trust! 
It's a private equity.  Not sure why it isn't an investment trust. It owns 100% of the shares in the majority of its investments. Is that allowed for private equity investment trust?
It's not been around long.
https://www.hl.co.uk/shares/shares-search-results/g/georgia-capital-plc-ordinary-gbp0.01
And its  website 
https://www.hl.co.uk/shares/shares-search-results/g/georgia-capital-plc-ordinary-gbp0.01

Assets

https://georgiacapital.ge/investments

I think this is early days in the life of this company. 

GB12

CEIBA
Joint venture with Cuban government 
4 hotels  (not particularly busy at the moment!)
And a business centre fully occupied. 
https://www.hl.co.uk/shares/shares-search-results/c/ceiba-investments-ltd-ord-npv/company-information

Website 
https://www.hl.co.uk/shares/shares-search-results/c/ceiba-investments-ltd-ord-npv/company-information
Investment manager Aberdeen. 
Note this Trust and its Investments came about during Trumps reign.
Biden will probably move to a more diplomatic approach to Cuba. But for this investment trust to do well it shouldn't matter.
36% discount but a big spread. 
Registered in Guernsey. 

GB12

VPC
In the aic debt direct lending sector 
https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=DDL&sortid=Name&desc=false

https://www.hl.co.uk/shares/shares-search-results/v/vpc-specialty-lending-investments-plc

Website 
https://www.victoryparkcapital.com/

Dividend 8.7%
26% discount 
And some decent share price growth. 

jimjames

If you're looking for ONE investment trust then F&C as it's global. I also hold PIN for exposure to private equity

GB12

jimjames said:

If you're looking for ONE investment trust then F&C as it's global. I also hold PIN for exposure to private equity

Thanks but I am not looking for one.

Alexland

GB12 said:

Thanks but I am not looking for one.

You may enjoy the free weekly Money Makers IT podcast as Simon Elliott at Winterflood knows the IT market inside-out and will be able to comment in far more depth than most of us. Building and maintaining a whole portfolio of specialist IT would require a lot of time to do all the research and there's still no certainty of doing better than a simpler and lower cost approach.
https://money-makers.co/money-maker-podcasts/

jimjames

GB12 said:

jimjames said:

If you're looking for ONE investment trust then F&C as it's global. I also hold PIN for exposure to private equity

Thanks but I am not looking for one.

You might want to correct the title of the thread then

wmb194

GB12 said:

jimjames said:

If you're looking for ONE investment trust then F&C as it's global. I also hold PIN for exposure to private equity

Thanks but I am not looking for one.

If you haven't already, you should take a look at CityWire. It has quite a lot of IT related news and analysis.

https://citywire.com/investment-trust-insider/news