|Edinburgh Worldwide Investment Trust
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Edinburgh Worldwide Share Discussion Threads
Showing 1 to 5 of 25 messages
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|I've sold all of my holding here - it's been a disappointing trust for a number of years. I've over doubled my money, but they should have done much better than this given I bought in the dark days of 2009. The portfolio looks full of highly valued, loss making technology stocks. Although the shares are on a big discount, I do not think the portfolio is sensible. I've reached the view that I wouldn't invest in pretty much any of the portfolio, so being invested in this trust is a nonsense. Can see this halving or worse on a US sell-off.|
|Well I've just been reading the Annual Report. I'm not convinced by the new strategy at all. They seem to have just filled the portfolio with 0% yield disruptive technology companies that are already on very expensive valuations and loss-making. They have also indicated that the dividend is going after the final dividend not that it was that significant anyway.
I've held this from 2009 and it's done adequately (it's performed poorly next to Scottish Mortgage given it's risk profile) but I'm getting nervous about holding this much longer into 2015 given it now fails a number of my quality criteria. I've already reduced my holding on Scottish Mortgage which is exposed to a tech sell-off, but looks a better long-term hold.
I also think that Baillie Gifford could well hit a sticky patch, from an investment trust perspective, as many of their trusts have not really performed that well and are on large discounts. They certainly don't seem to be picking up new mandates or launching new trusts and are very exposed to expensive growth themes that are currently all the rage in the US tech sector. So, I will reduce or sell my small holding in these, hopefully above £4 given that this is a stock that should do well as we approach the New Year.
One point of note is that the share price appears in an interesting range and a break-upwards would no doubt be quite a bullish signal for a strong rise.|
|Just bought, I like new remit, and BG are excellent fund managers. I also hold Scottish Mortgage and Scottish American.|
|Yes I hold. Lost momentum recently but has a sound investment strategy|
|I thought I would start a thread on this worldwide investment trust. Anyone else holding. Just bought a few as looks a well run trust.|
Chat Pages: 1