Interactive Investor

10 most popular investment trusts - November 2017

8th December 2017 16:32

Tom Bailey from interactive investor

In November, Scottish Mortgage kept its position as the most popular investment trust to buy on the Interactive Investor trading platform.

The investment trust was able to maintain its place as the most-bought trust, despite a 4.7% slide in the share price in November. Over a three-year period, it has seen a positive return of 77.3%.

Rising up into second place, having been as low as sixth in our league table in October, is Neil Woodford's Woodford Patient Capital trust. Woodford continues to test the patience of shareholders, with the trust's share price showing a loss of 8.1% over the past year.

Completing the top three is Witan, which dropped one place from the October standings.

Other trusts also enjoyed a continued increase in popularity. Baillie Gifford Shin Nippon, following its entry into the top 10 most-bought in October, continued its rise in November, moving up three places to become the fourth most popular trust among Interactive Investor users.

There is a general trend towards Japan-focused investment trusts, with Baillie Gifford Japan IT also entering the top 10 most-bought table in November, coming in at eighth place.

Both of Baillie Gifford's Japan focused funds have seen handsome returns over the past three years. BG's Shin Nippon's share price return over three years was 171.1% and BG Japan's being 117.4%.

Both funds also saw the only positive returns over the past month, with Shin Nippon seeing a return of 6% and BG Japan 2.4%.

Another new entrant into the rankings was Templeton Emerging Markets IT, perhaps indicative of a growing move towards emerging markets among investors as returns and opportunities in the region continue to pick up.

Despite a general trend away from UK equities and trend towards European equities, this wasn't reflected in people's investment trust buying choices.

City of London, which focuses on buying UK shares that pay dividends, maintained its place in fifth position. At the same time, TR European Growth, focused on European small-cap companies, continued its decline in popularity, slipping from fourth to seven this month.

Fidelity China Special Situations and RIT Capital Partners exited the top 10.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

This article was originally published in our sister magazine Money Observer, which ceased publication in August 2020.

These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

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