The Boring Money Rated badge highlights Investment Trusts that pass our independent screening and review. We assess every Trust against its sector over five years, then screen for size, pricing, discount to net asset value, gearing and sector. Trusts that clear these filters are then reviewed for how clearly they communicate with everyday investors. Only those that meet every standard earn the Rated badge.
Polar Capital Technology TrustTechnology & Technology InnovationPolar Capital Partners
Polar Capital Technology TrustTechnology & Technology InnovationPolar Capital Partners
Well-respected collection of mostly large cap tech stocks predominantly in the US and Asia
Very strong 5 year performance
Discount/Premium-8.5%to NAV
Cost+0.77%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+64.8%total return
5 year+156.3%total return
10 year+796.8%total return
Well-respected collection of mostly large cap tech stocks predominantly in the US and Asia
Very strong 5 year performance
Discount/Premium -8.47% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+156.3%total return
Cost+0.77%yearly
Temple Bar Investment TrustUK Equity IncomeTemple Bar Investment Trust PLC
Temple Bar Investment TrustUK Equity IncomeTemple Bar Investment Trust PLC
A UK-heavy value trust which seeks out undervalued companies
Strong and respected diversifier for portfolios
Discount/Premium-0.2%to NAV
Cost+0.62%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+28.3%total return
5 year+139.0%total return
10 year+182.6%total return
A UK-heavy value trust which seeks out undervalued companies
Strong and respected diversifier for portfolios
Discount/Premium -0.17% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+139.0%total return
Cost+0.62%yearly
BlackRock World Mining TrustCommodities & Natural ResourcesBlackRock Investment Management
BlackRock World Mining TrustCommodities & Natural ResourcesBlackRock Investment Management
Buys shares in mining companies rather than owning the stuff in the ground
Respected play in the mining sector
Discount/Premium-310.0%to NAV
Cost+0.95%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+94.2%total return
5 year+138.7%total return
10 year+520.5%total return
Buys shares in mining companies rather than owning the stuff in the ground
Respected play in the mining sector
Discount/Premium -310% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+138.7%total return
Cost+0.95%yearly
Allianz Technology TrustTechnology & Technology Innovation Allianz Global Investors
Allianz Technology TrustTechnology & Technology Innovation Allianz Global Investors
Well-rated collection of North American heavy technology companies
Circa 90% allocation to North America
Discount/Premium-7.8%to NAV
Cost+0.80%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+54.6%total return
5 year+128.6%total return
10 year+852.5%total return
Well-rated collection of North American heavy technology companies
Circa 90% allocation to North America
Discount/Premium -7.78% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+128.6%total return
Cost+0.80%yearly
Murray International TrustGlobal Equity IncomeAberdeen Standard Fund Managers
Murray International TrustGlobal Equity IncomeAberdeen Standard Fund Managers
Diverse collection of about 50 global shares
Targets an above average dividend yield
Discount/Premium+0.5%to NAV
Cost+0.59%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+31.5%total return
5 year+111.9%total return
10 year+173.4%total return
Diverse collection of about 50 global shares
Targets an above average dividend yield
Discount/Premium 0.5% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+111.9%total return
Cost+0.59%yearly
Schroder Oriental Income Fund Asia Pacific Equity IncomeSchroder Investment Management
Schroder Oriental Income Fund Asia Pacific Equity IncomeSchroder Investment Management
Potential to tap into the Asian income story and to diversify income stream
Targets both income and growth
Discount/Premium-3.0%to NAV
Cost+0.90%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+56.8%total return
5 year+109.0%total return
10 year+207.3%total return
Potential to tap into the Asian income story and to diversify income stream
Targets both income and growth
Discount/Premium -3.04% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+109.0%total return
Cost+0.90%yearly
JPMorgan European Growth & IncomeEuropeJP Morgan Asset Management UK
JPMorgan European Growth & IncomeEuropeJP Morgan Asset Management UK
Popular blockbuster trust recognised for offering growth and income
Targets a 4%+ dividend yield
Discount/Premium-2.7%to NAV
Cost+0.92%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+26.0%total return
5 year+102.8%total return
10 year+210.6%total return
Popular blockbuster trust recognised for offering growth and income
Targets a 4%+ dividend yield
Discount/Premium -2.66% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+102.8%total return
Cost+0.92%yearly
Rockwood Strategic TrustUK Smaller CompaniesHarwood Capital
Rockwood Strategic TrustUK Smaller CompaniesHarwood Capital
A concentrated portfolio
Focus on smaller UK companies
Discount/Premium+1.6%to NAV
Cost+1.48%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+14.1%total return
5 year+101.7%total return
10 year+309.7%total return
A concentrated portfolio
Focus on smaller UK companies
Discount/Premium 1.59% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Well regarded team managing investments across Taiwan, South Korea, India, China and more
The ‘Grandfather’ of emerging market trusts
Discount/Premium-5.9%to NAV
Cost+0.86%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+64.6%total return
5 year+99.1%total return
10 year+2642.0%total return
Well regarded team managing investments across Taiwan, South Korea, India, China and more
The ‘Grandfather’ of emerging market trusts
Discount/Premium -5.94% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+99.1%total return
Cost+0.86%yearly
Schroder Japan TrustJapanSchroder Investment Management
Schroder Japan TrustJapanSchroder Investment Management
Decently performing collection of Japanese shares
Holds firms like Hitachi, Toyota and Mizuho
Discount/Premium-6.9%to NAV
Cost+0.92%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+43.5%total return
5 year+93.9%total return
10 year+118.1%total return
Decently performing collection of Japanese shares
Holds firms like Hitachi, Toyota and Mizuho
Discount/Premium -6.93% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Takes brave investors to the Middle East, Kazakhstan, Egypt and Pakistan - different!
Super spicy diversifier in portfolios
Discount/Premium-2.3%to NAV
Cost+1.41%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+20.6%total return
5 year+93.2%total return
10 year+137.1%total return
Takes brave investors to the Middle East, Kazakhstan, Egypt and Pakistan - different!
Super spicy diversifier in portfolios
Discount/Premium -2.28% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+93.2%total return
Cost+1.41%yearly
International Biotechnology TrustHealthcare & BiotechnologySchroder UT Managers
International Biotechnology TrustHealthcare & BiotechnologySchroder UT Managers
Specialist team seek opportunities from firms at the forefront of medical science
Be aware of the performance fee
Discount/Premium-7.5%to NAV
Cost+1.30%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+73.6%total return
5 year+91.2%total return
10 year+242.1%total return
Specialist team seek opportunities from firms at the forefront of medical science
Be aware of the performance fee
Discount/Premium -7.45% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+91.2%total return
Cost+1.30%yearly
Aberdeen Asia FocusAsia Pacific Smaller CompaniesAberdeen Standard Fund Managers
Aberdeen Asia FocusAsia Pacific Smaller CompaniesAberdeen Standard Fund Managers
Tries to find the next generation of Asian corporate leaders
'Postcards from Asia' reports insights online to shareholders
Discount/Premium-9.6%to NAV
Cost+0.91%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+31.9%total return
5 year+88.4%total return
10 year+195.7%total return
Tries to find the next generation of Asian corporate leaders
'Postcards from Asia' reports insights online to shareholders
Discount/Premium -9.58% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+88.4%total return
Cost+0.91%yearly
Law Debenture Corporation Investment TrustUK Equity IncomeLaw Debenture IT
Law Debenture Corporation Investment TrustUK Equity IncomeLaw Debenture IT
Respected trust, buying UK companies which have hit a bump in the road but offer good potential
Aims to do better than the FTSE All-Share
Discount/Premium+1.1%to NAV
Cost+0.49%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+30.9%total return
5 year+88.3%total return
10 year+271.4%total return
Respected trust, buying UK companies which have hit a bump in the road but offer good potential
Aims to do better than the FTSE All-Share
Discount/Premium 1.1% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+88.3%total return
Cost+0.49%yearly
The North American Income TrustNorth AmericaJanus Henderson Investors
The North American Income TrustNorth AmericaJanus Henderson Investors
Seeking income and capital growth the trust holds mostly S&P 500 firms but not just the usual tech names
Pays yield of circa 2.75%
Discount/Premium-2.2%to NAV
Cost+1.01%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+31.6%total return
5 year+86.5%total return
10 year+188.2%total return
Seeking income and capital growth the trust holds mostly S&P 500 firms but not just the usual tech names
Pays yield of circa 2.75%
Discount/Premium -2.22% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+86.5%total return
Cost+1.01%yearly
Aberdeen Asian Income FundAsia Pacific Equity IncomeAberdeen Standard Fund Managers
Aberdeen Asian Income FundAsia Pacific Equity IncomeAberdeen Standard Fund Managers
Access Asian shares plus a very tasty dividend yield
Circa 60 shares deliver a yield of >6%
Discount/Premium-6.3%to NAV
Cost+0.85%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+43.2%total return
5 year+85.4%total return
10 year+169.2%total return
Access Asian shares plus a very tasty dividend yield
Circa 60 shares deliver a yield of >6%
Discount/Premium -6.28% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+85.4%total return
Cost+0.85%yearly
City of London Investment TrustUK Equity IncomeJanus Henderson Investors
City of London Investment TrustUK Equity IncomeJanus Henderson Investors
Perennially popular and well-respected UK equity income trust
Old school sectors like banking, oil and retail
Discount/Premium+0.7%to NAV
Cost+0.37%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+22.2%total return
5 year+84.1%total return
10 year+126.6%total return
Perennially popular and well-respected UK equity income trust
Old school sectors like banking, oil and retail
Discount/Premium 0.72% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+84.1%total return
Cost+0.37%yearly
JPMorgan American Investment TrustNorth AmericaJP Morgan Asset Management UK
JPMorgan American Investment TrustNorth AmericaJP Morgan Asset Management UK
Big trust offering access to mostly large cap US equities
High conviction value and growth holdings
Discount/Premium-4.2%to NAV
Cost+0.38%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+14.8%total return
5 year+83.9%total return
10 year+320.5%total return
Big trust offering access to mostly large cap US equities
High conviction value and growth holdings
Discount/Premium -4.17% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+83.9%total return
Cost+0.38%yearly
Aberdeen Equity Income TrustUK Equity IncomeAberdeen Standard Fund Managers
Aberdeen Equity Income TrustUK Equity IncomeAberdeen Standard Fund Managers
Well-rated choice for income-seeking investors
Current dividend circa 5%
Discount/Premium-2.1%to NAV
Cost+0.86%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+31.1%total return
5 year+81.2%total return
10 year+103.9%total return
Well-rated choice for income-seeking investors
Current dividend circa 5%
Discount/Premium -2.14% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+81.2%total return
Cost+0.86%yearly
Invesco Asia Dragon TrustAsia Pacific Equity IncomeInvesco Asset Management
Invesco Asia Dragon TrustAsia Pacific Equity IncomeInvesco Asset Management
Access undervalued companies across Taiwan, China, India, Indonesia and more
Current dividend circa 3.8%
Discount/Premium-6.3%to NAV
Cost+0.70%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+39.3%total return
5 year+79.3%total return
10 year+216.8%total return
Access undervalued companies across Taiwan, China, India, Indonesia and more
Current dividend circa 3.8%
Discount/Premium -6.27% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+79.3%total return
Cost+0.70%yearly
JPMorgan Emerging Markets Dividend IncomeGlobal Emerging MarketsJP Morgan Asset Management UK
JPMorgan Emerging Markets Dividend IncomeGlobal Emerging MarketsJP Morgan Asset Management UK
Well-rated Asia-heavy emerging market trust which hunts out income for investors
Top holdings include Samsung, SK Hynix and Tencent
Discount/Premium-9.2%to NAV
Cost+1.04%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+47.0%total return
5 year+72.6%total return
10 year+172.1%total return
Well-rated Asia-heavy emerging market trust which hunts out income for investors
Top holdings include Samsung, SK Hynix and Tencent
Discount/Premium -9.2% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+72.6%total return
Cost+1.04%yearly
Polar Capital Global Financials TrustFinancials & Financial InnovationPolar Capital Partners
Polar Capital Global Financials TrustFinancials & Financial InnovationPolar Capital Partners
Specialist trust enabling access to around 70 financial firms across the globe
Top holdings include JP Morgan, Visa and Bank of America
Discount/Premium-1.6%to NAV
Cost+0.91%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+22.7%total return
5 year+72.2%total return
10 year+222.3%total return
Specialist trust enabling access to around 70 financial firms across the globe
Top holdings include JP Morgan, Visa and Bank of America
Discount/Premium -1.56% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+11.4%total return
5 year+71.3%total return
10 year+82.4%total return
A large trust which holds 40-50 UK companies
Currently heavy in pharma, biotech and banks
Discount/Premium -7.89% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+71.3%total return
Cost+0.50%yearly
JPMorgan Global Growth & IncomeGlobal Equity IncomeJP Morgan Asset Management UK
JPMorgan Global Growth & IncomeGlobal Equity IncomeJP Morgan Asset Management UK
Aims for growth and dividends of 4%+ from a collection of global shares
Targets a 4%+ dividend yield
Discount/Premium-2.4%to NAV
Cost+0.53%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+14.4%total return
5 year+69.7%total return
10 year+286.0%total return
Aims for growth and dividends of 4%+ from a collection of global shares
Targets a 4%+ dividend yield
Discount/Premium -2.38% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Invests in small and large UK companies seeking out future income and growth
Big in financials and industrials
Discount/Premium-7.2%to NAV
Cost+0.71%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+30.1%total return
5 year+68.1%total return
10 year+127.2%total return
Invests in small and large UK companies seeking out future income and growth
Big in financials and industrials
Discount/Premium -7.15% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+68.1%total return
Cost+0.71%yearly
The Merchants TrustUK Equity Income Allianz Global Investors
The Merchants TrustUK Equity Income Allianz Global Investors
Collection of dividend-paying UK shares for home-grown income
Current yield is over 4% a year
Discount/Premium-5.8%to NAV
Cost+0.59%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+27.1%total return
5 year+67.9%total return
10 year+167.6%total return
Collection of dividend-paying UK shares for home-grown income
Current yield is over 4% a year
Discount/Premium -5.84% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
A sector giant, this old trust owns a wide range of global shares
A solid pick, well respected by investors and professionals alike
Discount/Premium-8.8%to NAV
Cost+0.45%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+19.8%total return
5 year+65.1%total return
10 year+222.4%total return
A sector giant, this old trust owns a wide range of global shares
A solid pick, well respected by investors and professionals alike
Discount/Premium -8.78% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+65.1%total return
Cost+0.45%yearly
JPMorgan Claverhouse Investment TrustUK Equity IncomeJP Morgan Asset Management UK
JPMorgan Claverhouse Investment TrustUK Equity IncomeJP Morgan Asset Management UK
Targets long-term income and growth from UK companies
The Trust has increased dividends for over 20 consecutive years
Discount/Premium-2.6%to NAV
Cost+0.71%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+26.4%total return
5 year+62.8%total return
10 year+164.8%total return
Targets long-term income and growth from UK companies
The Trust has increased dividends for over 20 consecutive years
Discount/Premium -2.63% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+62.8%total return
Cost+0.71%yearly
The Brunner Investment TrustGlobal Allianz Global Investors
The Brunner Investment TrustGlobal Allianz Global Investors
Mix of UK and global shares in profitable companies with decent growth potential
Positioned as an ‘all-weather’ balanced portfolio
Discount/Premium-10.6%to NAV
Cost+0.61%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+12.1%total return
5 year+61.1%total return
10 year+236.1%total return
Mix of UK and global shares in profitable companies with decent growth potential
Positioned as an ‘all-weather’ balanced portfolio
Discount/Premium -10.64% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+61.1%total return
Cost+0.61%yearly
Polar Capital Global Healthcare TrustHealthcare & BiotechnologyPolar Capital Partners
Polar Capital Global Healthcare TrustHealthcare & BiotechnologyPolar Capital Partners
A concentrated portfolio of largely pharms and biotech shares - global but US-heavy
Top holdings include Eli Lilly, AstraZeneca and Roche
Discount/Premium+1.6%to NAV
Cost+0.95%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+32.6%total return
5 year+61.0%total return
10 year+154.7%total return
A concentrated portfolio of largely pharms and biotech shares - global but US-heavy
Top holdings include Eli Lilly, AstraZeneca and Roche
Discount/Premium 1.64% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+61.0%total return
Cost+0.95%yearly
Schroder Asian Total Return Investment Company Asia PacificSchroder Investment Management
Schroder Asian Total Return Investment Company Asia PacificSchroder Investment Management
A well-rated collection of 'best ideas' from various Asian markets
Big in tech, industrials and financials
Discount/Premium-3.4%to NAV
Cost+0.80%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+43.5%total return
5 year+59.8%total return
10 year+244.4%total return
A well-rated collection of 'best ideas' from various Asian markets
Big in tech, industrials and financials
Discount/Premium -3.38% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+59.8%total return
Cost+0.80%yearly
Henderson High Income TrustUK Equity & Bond IncomeJanus Henderson Investors
Henderson High Income TrustUK Equity & Bond IncomeJanus Henderson Investors
Currently has a yield of over 5% from a blend of British shares and bonds
12 years of consecutive dividend growth
Discount/Premium-5.8%to NAV
Cost+0.93%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+20.6%total return
5 year+58.4%total return
10 year+103.5%total return
Currently has a yield of over 5% from a blend of British shares and bonds
12 years of consecutive dividend growth
Discount/Premium -5.78% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+58.4%total return
Cost+0.93%yearly
Patria Private Equity TrustPrivate EquityPatria Capital Partners LLP
Patria Private Equity TrustPrivate EquityPatria Capital Partners LLP
Specialists in European mid-market private equity
Accesses 700 harder-to-reach private companies
Discount/Premium-30.4%to NAV
Cost+1.08%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+12.1%total return
5 year+55.2%total return
10 year+237.8%total return
Specialists in European mid-market private equity
Accesses 700 harder-to-reach private companies
Discount/Premium -30.43% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+55.2%total return
Cost+1.08%yearly
Schroder AsiaPacific Fund Asia PacificSchroder Investment Management
Schroder AsiaPacific Fund Asia PacificSchroder Investment Management
Holds around 60 good quality but undervalued companies in Asia, heavy in Taiwan and Korea
Chip giant TSMC is the top holding
Discount/Premium-7.8%to NAV
Cost+0.84%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+38.1%total return
5 year+53.9%total return
10 year+197.9%total return
Holds around 60 good quality but undervalued companies in Asia, heavy in Taiwan and Korea
Chip giant TSMC is the top holding
Discount/Premium -7.82% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+53.9%total return
Cost+0.84%yearly
Fidelity European Investment TrustEurope Fidelity
Fidelity European Investment TrustEurope Fidelity
Concentrated collection of 40-50 quality European companies
Top holdings include ASML, Roche and Nestle
Discount/Premium-4.7%to NAV
Cost+0.68%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+11.4%total return
5 year+50.9%total return
10 year+215.9%total return
Concentrated collection of 40-50 quality European companies
Top holdings include ASML, Roche and Nestle
Discount/Premium -4.65% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+50.9%total return
Cost+0.68%yearly
Alliance WitanGlobalWillis Towers Watson
Alliance WitanGlobalWillis Towers Watson
Curated collections of shares from 11 leading global fund managers
About 60% in North America and 20% in Asia
Discount/Premium-5.3%to NAV
Cost+0.62%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+12.1%total return
5 year+49.6%total return
10 year+197.9%total return
Curated collections of shares from 11 leading global fund managers
About 60% in North America and 20% in Asia
Discount/Premium -5.27% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+49.6%total return
Cost+0.62%yearly
The European Smaller Companies TrustEuropean Smaller CompaniesJanus Henderson Investors
The European Smaller Companies TrustEuropean Smaller CompaniesJanus Henderson Investors
Access quarterly dividends as well as invest in Europe's smaller, (hopefully) undervalued companies
Higher up the risk scale, chasing Europe's fastest growers
Discount/Premium-8.1%to NAV
Cost+0.68%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+19.0%total return
5 year+49.4%total return
10 year+253.6%total return
Access quarterly dividends as well as invest in Europe's smaller, (hopefully) undervalued companies
Higher up the risk scale, chasing Europe's fastest growers
Discount/Premium -8.11% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+49.4%total return
Cost+0.68%yearly
3i Infrastructure Infrastructure3i Group
3i Infrastructure Infrastructure3i Group
Access a very concentrated small list of privately-held companies
Investments across energy, transport and healthcare
Discount/Premium-3.5%to NAV
Cost+1.16%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+20.4%total return
5 year+47.9%total return
10 year+185.5%total return
Access a very concentrated small list of privately-held companies
Investments across energy, transport and healthcare
Discount/Premium -3.5% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+47.9%total return
Cost+1.16%yearly
AVI Global TrustGlobalAsset Value Investors
AVI Global TrustGlobalAsset Value Investors
A concentrated collection of seemingly undervalued companies
Targets 30-40 stocks across the world – currently has circa 40% in Japan and Korea
Discount/Premium-7.7%to NAV
Cost+1.19%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+3.1%total return
5 year+47.4%total return
10 year+182.7%total return
A concentrated collection of seemingly undervalued companies
Targets 30-40 stocks across the world – currently has circa 40% in Japan and Korea
Discount/Premium -7.68% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+47.4%total return
Cost+1.19%yearly
HarbourVest Global Private Equity Private EquityHarbourVest Advisers
HarbourVest Global Private Equity Private EquityHarbourVest Advisers
Diverse collection of privately-held companies from Shein to Databricks and Revolut
Performance has been good but performance fees bump up costs
Discount/Premium-24.0%to NAV
Cost+3.07%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+22.7%total return
5 year+43.5%total return
10 year+265.4%total return
Diverse collection of privately-held companies from Shein to Databricks and Revolut
Performance has been good but performance fees bump up costs
Discount/Premium -24.03% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+43.5%total return
Cost+3.07%yearly
The Bankers Investment Trust GlobalJanus Henderson Investors
The Bankers Investment Trust GlobalJanus Henderson Investors
Collection of around 70 global companies focused on trends which deliver profit and income
Top 3 countries currently are the US, Japan and France
Discount/Premium-9.0%to NAV
Cost+0.73%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+25.6%total return
5 year+43.2%total return
10 year+188.1%total return
Collection of around 70 global companies focused on trends which deliver profit and income
Top 3 countries currently are the US, Japan and France
Discount/Premium -9.04% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+43.2%total return
Cost+0.73%yearly
Cordiant Digital InfrastructureInfrastructureCordiant Capital
Cordiant Digital InfrastructureInfrastructureCordiant Capital
Very focused and specific digital infrastructure play
Owns data centres, mobile towers and fibre networks
Discount/Premium-30.5%to NAV
Cost0.00%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+34.5%total return
5 year+37.2%total return
10 yearn/atotal return
Very focused and specific digital infrastructure play
Owns data centres, mobile towers and fibre networks
Discount/Premium -30.48% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+37.2%total return
Cost0.00%yearly
Pacific Horizon Investment TrustAsia PacificBaillie Gifford & Co
Pacific Horizon Investment TrustAsia PacificBaillie Gifford & Co
Targets Asia's top growth companies
A higher-risk Baillie Gifford growth trust with exposure to India & Vietnam as well as China & Korea
Discount/Premium-7.5%to NAV
Cost+0.75%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+66.6%total return
5 year+35.8%total return
10 year+455.9%total return
Targets Asia's top growth companies
A higher-risk Baillie Gifford growth trust with exposure to India & Vietnam as well as China & Korea
Discount/Premium -7.51% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+35.8%total return
Cost+0.75%yearly
JPMorgan European Discovery TrustEuropean Smaller CompaniesJP Morgan Asset Management UK
JPMorgan European Discovery TrustEuropean Smaller CompaniesJP Morgan Asset Management UK
Trust aims to collate around 75 of Europe's future leaders which are still small today
A higher-risk collection from Sweden, France, Italy, Germany and more
Discount/Premium-8.0%to NAV
Cost+0.91%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+15.5%total return
5 year+31.9%total return
10 year+161.3%total return
Trust aims to collate around 75 of Europe's future leaders which are still small today
A higher-risk collection from Sweden, France, Italy, Germany and more
Discount/Premium -8.03% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
A diverse spread of over 500 privately-held companies
Most European with an IT, healthcare and industrials focus today
Discount/Premium-31.8%to NAV
Cost+1.10%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+9.0%total return
5 year+29.9%total return
10 year+203.2%total return
A diverse spread of over 500 privately-held companies
Most European with an IT, healthcare and industrials focus today
Discount/Premium -31.8% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+29.9%total return
Cost+1.10%yearly
Foresight Environmental Infrastructure Renewable Energy InfrastructureJohn Laing Capital Management
Foresight Environmental Infrastructure Renewable Energy InfrastructureJohn Laing Capital Management
Collection of about 40 environmental infrastructure companies with a strong renewable energy focus
Wind, solar, hydro and anaerobic digestion
Discount/Premium-18.7%to NAV
Cost+1.24%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+14.3%total return
5 year+26.2%total return
10 year+68.2%total return
Collection of about 40 environmental infrastructure companies with a strong renewable energy focus
Wind, solar, hydro and anaerobic digestion
Discount/Premium -18.72% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+26.2%total return
Cost+1.24%yearly
The Global Smaller Companies TrustGlobal Smaller Companies Columbia Threadneedle Investments
The Global Smaller Companies TrustGlobal Smaller Companies Columbia Threadneedle Investments
An interesting diversifier for those seeking access to smaller global companies
Holds hundreds of smaller businesses to spread risk
Discount/Premium-5.0%to NAV
Cost+0.63%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+16.5%total return
5 year+22.8%total return
10 year+98.3%total return
An interesting diversifier for those seeking access to smaller global companies
Holds hundreds of smaller businesses to spread risk
Discount/Premium -5.01% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+22.8%total return
Cost+0.63%yearly
The Mercantile Investment TrustUK All CompaniesJP Morgan Asset Management UK
The Mercantile Investment TrustUK All CompaniesJP Morgan Asset Management UK
Well-established trust which holds smaller and medium-sized UK companies
• Targets UK mid-caps including Softcat, Balfour Beatty and Computacenter
Discount/Premium-10.6%to NAV
Cost+0.45%yearly
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
GAIN
1 year+18.0%total return
5 year+16.0%total return
10 year+133.0%total return
Well-established trust which holds smaller and medium-sized UK companies
• Targets UK mid-caps including Softcat, Balfour Beatty and Computacenter
Discount/Premium -10.64% to nav
Risk
For a guide on how spicy any trust is, we use FE fundinfo’s Risk Score and sort the trusts into one of our 5 chilli bands. Cash would be no chilli. A non-volatile smooth trust would be 1 or 2. The FTSE100 would clock in as 4 chillies. Anything very volatile and spicy is a 5.
Gain
+16.0%total return
Cost+0.45%yearly
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FE fundinfo, data correct as at end August 2026. Investment trusts may trade at a discount or premium to NAV and often use gearing.
Frequently Asked Questions about the Boring Money Investment Rated Badge 2026
How do we choose our winners?
Boring Money awards its Investment Trust Rated badge to Trusts that pass six data screens: performance, size, currency, discount to NAV, gearing and sector. We use data from the Association of Investment Companies, as at 30 June 2026, to compare every Trust against others in its own sector. In addition, a human review of how clearly each trust communicates with everyday investors is evaluated. Only trusts that clear both the numbers and the human check earn the badge.
An Investment Trust is a close-ended company that is listed to trade on the stock market. They pool together shareholders’ money, which is then run by a professional fund manager. This money is then invested in a diversified mix of assets likes shares, bonds and properties.
What is the difference between an Investment Trust and a fund?
Funds, also known as mutual funds, are open-ended, meaning new shares are created the more people invest, and shares are cancelled when people sell. On the other hand, Investment Trusts are close-ended, which means there’s a fixed number of shared which trade on the stock market.
What does buying at a discount mean?
Every Trust has a Net Asset Value, or a NAV, which is the total value of all its investments, divided by the number of shares. If a share is below the NAV, the Trust is trading at a discount, meaning you’re buying assets for less then they’re worth. A share can also be above the NAV, which means the Trust is trading at a premium, so you’re paying extra.
How do I know if an Investment trust is performing well?
There are five factors to look out:
NAV per share - This will show the total value of the Trust.
Share price - The current price you pay per share.
Premium/Discount - You should then compare the NAV with the share price to figure out if the Trust is trading at a premium or a discount. If the share costs more than NAV, you are paying extra. If the share costs less than NAV, you are paying less.
Assets Under Management (AUM) - This is the total value of all assets managed by the Trust. The higher the AUM, the higher the earnings for the Trust.
Cash position - Trusts with a high AUM are typically more liquid, which means the shares can be bought or sold without major price shifts, allowing them to trade at higher volumes.
What is gearing?
Gearing is the act of borrowing money to fund a company’s operations. It is usually expressed as a ratio - where the cost of the borrowed amount is compared to the overall value of the company. When we conduct our ratings, Investment Trusts that have borrowed more than 25% relative to their assets are screened out.
What are dividends are do Investment Trusts pay them?
Dividends are a cash bonus shareholders receive in return for investing in something, which can be paid out on a monthly, biannual or annual basis. Many Investment Trusts pay dividends. They can retain up to 15% of the income they earn yearly and hold it in a revenue reserve which acts as an emergency fund, also known as dividend smoothing. This allows some Trusts to maintain or increase they dividend payments. These Trusts are called dividend heroes, as they are Trusts with a long track record of growing their payouts.
