Top trusts that offer growth at a discount

Capital Gearing Trust is an investment company focused on capital preservation and real wealth growth through a diversified portfolio of bonds, equities, and gold. With an annualized NAV growth of 8.3% since 2000, the company invests in other trusts on discounts, aiming to narrow the gap over time to enhance shareholder returns. Examples from their portfolio include Smithson Investment Trust, North Atlantic Smaller Companies Investment Trust, and BH Macro, all trading at discounts to NAV with potential for growth through share buybacks and discount control mechanisms.

Full Article