Share Name Share Symbol Market Type Share ISIN Share Description
Acorn Income Fund Ld LSE:AIF London Ordinary Share GB0004829437 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 369.50 368.00 371.00 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 3.9 3.4 21.6 17.1 59

Acorn Income Fund Ld Share Discussion Threads

Showing 151 to 172 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
01/8/2019
08:10
Since this is mainly a small cap fund, it is much more exposed to the UK economy than income funds that focus on large caps (which tend to have overseas earnings and benefit from the lower pound). Small caps are out of favour mainly due to fear of brexit. The widening discount represents weakening sentiment towards small cap stocks IMHO. I am a buyer at these prices.
rcturner2
01/8/2019
08:04
I think it is important to bear in mind that the NAV has been largely static throughout the past few months. As primarily an income fund that is reassuring. The widening discount affects us of course, but it also offers long term opportunities to buy in cheaper than before with the dividend now nearly 6%.
andyj
31/7/2019
13:05
Great, now what?!
chc15
29/7/2019
18:45
Possible buy back of shares. Also do more promotion, so more private client brokers and institutions buy the stock..get John baron to put this back in his income portfolio..
chc15
29/7/2019
15:10
Like what exactly? Best thing they can do is increase NAV , the share price will catch up, but easier said than done!I suppose they could de-risk by liquidating some equities and significantly increasing the proportion in the income fund.
rogerrail
29/7/2019
12:56
I may contact the managers, see if they are doing anything to address the discount here, its gone way too far. Problem with active management, once poor performance happens, its hard to recover.
chc15
29/7/2019
12:47
Agree was looking good last year, but not worth bailing just now , I too will hold on and get out at next bounce hopefully.
malc1111
29/7/2019
10:36
All trades are showing up as sells for some reason, including the 1000 shares that I just bought at 340. This is ranked 275th out of 304 trusts for 1yr performance on trustnet with -21.2%, but the majority of that decline is due to the widening discount. This time last year the discount was 1% whereas this morning it's closer to 18%.
psync
29/7/2019
08:10
Does anyone have any idea why AIF is on a permanent decline. Hard to see why given the underlying NAV etc. Seems to eb no-one buying and lots selling. Recently it seems to have gotten worse.
malc1111
29/7/2019
06:30
Andy, I would think that the Woodford effect will mainly be on open ended funds, so ITs may in fact gain from the Woodford debacle. Although he does run the IT Woodford Patient Capital, the massive problems have been caused by the redemptions in his open ended funds.
rcturner2
28/7/2019
07:57
Of my small cap ITs none of them have been able to match the performance of my small cap ETF, including the dividends paid. I agree that the Woodford debacle has made many rethink their exposure to ITs in general. Add to that small caps being out of favour and I think we have more to fall here. On a long term view they remain a good investment IMHO. I am happy to add as opportunities arise, but I admit my ETFs will continue to be my first choice. Difficult to know how a no deal Brexit will affect the market. I think an election will be more worrying and have taken out some small hedges against a market correction.
andyj
26/7/2019
07:28
andyj: hopefully sterling holds up against equities in that scenario! I wonder if it's the asset allocations or gearing here that are the main factor contributing to the relative poor performance. Only thing that I feel confident about right now is my global equity index tracker but I do wonder how much of that good performance is due to the rapidly increasing popularity of ETFs rather than the underlying asset quality. Wouldn't be surprised if more people are moving out of managed funds and ITs in favour of ETFs especially with the Woodford debacle still ongoing. Anyhow quote here for a 1000 shares here is currently 347 and last NAV was 416 giving a discount of about 16.5% right now. Some of the constituents are definitely struggling. Tyman put out quite a downbeat set of the results yesterday. Not sure whether there is a malaise across UK listed small caps in general or if it's specific to this fund.
psync
25/7/2019
16:27
These have been my worst performing investment trust this year, but it is more a case of a widening discount than falling NAV. I will add, but not yet, I think the market is jittery and I am building cash for a Brexit crash.
andyj
25/7/2019
15:26
Seems like all my investment trust holdings are behaving like this at the moment with discounts to NAV widening all the time. No idea why but it is the case, maybe a good time to buy.
whilstev
25/7/2019
15:21
Why the drop, poor performance lately...
chc15
07/6/2019
17:34
Cheers dave, will check it out.
psync
07/6/2019
17:20
ASCI looks a more consistent performer over the last year.
davebowler
07/6/2019
17:11
Hmm, little bit disappointed to see the NAV fall slightly this week given markets have been relatively kind. Excellent results from discoverIE, but Somero had a bath today which isn't going to help at all. NAV at 435.60 and price at 380 puts the discount just below 13%. I want to like this fund as I'm greedy for dividend income but just not sure if there are better options or if should just stick the cash in a global equity tracker. Ex-div next week.
psync
24/5/2019
11:00
Takeover of Mucklow which was approx. 3% of share portfolio.
whilstev
16/4/2019
09:54
Yes looking to add to my holdings, also hold SDV, that had terrible year too!
chc15
16/4/2019
09:11
Agree and I have increased my holdings. Hopefully they are now recovering from the disappointing performance of a last year.
whilstev
16/4/2019
01:21
It is actually now the biggest discount for the past 5 years and I agree, given the yield is as you stated, could be a good time to put some away.
andyj
Chat Pages: 7  6  5  4  3  2  1
Your Recent History
LSE
AIF
Acorn Inco..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191115 07:24:21