Opis: Financial Times Guide to Investment Trusts - John Baron

A comprehensive and practical guide to investment trusts. These investment vehicles have been underused by investors in the past, but that is set to change now that the Retail Distribution Review has banned commissions and put investment trusts on a level playing field. The book explains what investment trusts are and focuses on how to construct and run a trust portfolio. It offers investors, both experienced and novice, a concise and jargon free guide to these lucrative investment vehicles. Investment trusts are often thought of as being "complicated" or "only for City types". John Baron shows clearly that they are neither, and can be used effectively by anyone looking to make the most of their money. Jonathan Eley, editor, FT MoneyForeword Introduction: The changing landscape Chapter 1: Structure and scope * What are investment trusts? * Net asset value (NAV) * Discounts and premiums * Price and size * Range and reach Chapter 2: Better performance * Share prices * NAV comparison * Clear message * The strange case of 'Mirror funds' Chapter3: Cheaper Fees * Charges compared * Effect on returns * Lessons from America * The TER and more Chapter 4: Discount opportunities * Their importance * Factors affecting * Judging opportunities * The long term Chapter 5: Other advantages * Gearing * Board of Directors * Shareholder power * Long term investing * Marketability * Dividends * Capital changes Chapter 6: The disadvantages * Unhelpful gearing * Widening discounts * Poor liquidity * Rising fees * The result! Chapter 7: Useful miscellany * Directors' shareholdings * Report & Accounts * Doing the splits * ETFs and trackers * Portfolio turnover Chapter 8: Investment objectives * Risk tolerances * Income requirements * Time horizons * Currency and other considerations * Choosing a benchmark Chapter 9: Successful investing * Getting started * Staying invested * Diversification * Importance of dividends * Some other secrets! Chapter 10: Portfolio construction * The Investors Chronicle portfolios * Balancing capital and income * Themes and geography * Risk and reward * Some golden rules Conclusion

Szczegóły: Financial Times Guide to Investment Trusts - John Baron

Tytuł: Financial Times Guide to Investment Trusts
Autor: John Baron
Producent: FT Publishing International
ISBN: 9781292001562
Rok produkcji: 2013
Ilość stron: 168
Oprawa: Miękka
Waga: 0.33 kg

Recenzje: Financial Times Guide to Investment Trusts - John Baron