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Investment trust discounts fall

The average investment trust discount has fallen to 7.4 per cent, its lowest level in more than a decade following two years of strong market growth. The AITC says greater focus on good governance and the increased use of discount control mechanisms, such as share buybacks also helped.

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Investment trust discounts narrow to 10 year lows

Investment trust discounts have narrowed to their lowest levels in over a decade, according to the AITC.Average discounts have fallen to 7.4 per cent, as of 30 September, compared to a longer term trend level of around 11 per cent.While strong equity markets over the past two years have contributed markedly to this, the AITC […]

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