Some of the best investments of the past decade are going cheap. The top performing investment trusts of the past ten years that also trade on double-digit discounts are featured on an interesting list from trade body the Association of Investment Companies. The AIC’s list shows Scottish Mortgage trading at a hefty 17.1 per cent discount. This is because by far the largest of the investment trust’s holdings is a stake in the Lindsell Train fund management business itself, run by Micheal Lindsell and Nick Train. Don't just buy an investment trust because it has a big discount - sometimes things are cheap for a reason.

Source: Daily Mail November 02, 2023 14:11 UTC