[ADVERT]
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
  0.50 0.14% 352.50 349.00 356.00 352.50 351.00 351.00 17,332 16:15:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 4.2 3.5 22.3 15.8 56

Acorn Income Fund Ld Share Discussion Threads

Showing 151 to 173 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
29/7/2019
13:56
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
13:47
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
11:36
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
09:10
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
07:30
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
08:57
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
08:28
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
17:27
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
16:26
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
16:21
Why the drop, poor performance lately...
chc15
07/6/2019
18:34
Cheers dave, will check it out.
psync
07/6/2019
18:20
ASCI looks a more consistent performer over the last year.
davebowler
07/6/2019
18:11
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
12:00
Takeover of Mucklow which was approx. 3% of share portfolio.
whilstev
16/4/2019
10:54
Yes looking to add to my holdings, also hold SDV, that had terrible year too!
chc15
16/4/2019
10:11
Agree and I have increased my holdings. Hopefully they are now recovering from the disappointing performance of a last year.
whilstev
16/4/2019
02:21
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
15/4/2019
16:36
I think this is starting to look cheap. Last NAV at 427p puts the discount somewhere around 16% by my calculation, and yielding over 5.5%. I hold separately some of the constituents where prices are still way below the highs (TYMN, FLO, BMS) indicating plenty of headroom for growth. Hoped the new ISA season would provoke some price movement but seems it's still an unpopular share since John Baron removed it from his portfolios.
psync
29/10/2018
15:58
Warpaint down over 40% today unfortunately that will be another 4/5 pence off the NAV.
whilstev
25/10/2018
16:18
They were punished for the Conviviality stake and generally some disappointing performance from the likes of Clipper and Amino Tech more recently, now the discount to NAV is widening as people have pulled money from small company funds. This could reverse very quickly as and when confidence is restored. I will consider buying more AIF when the market stabilises.
whilstev
25/10/2018
12:58
The AIF loss has been over the last twelve months though and is much worse than other UK Smaller Cos ITs like HSL or BRTH, which is why I sold AIF first. I don't follow bonds at all, so don't know if there are reasons in that area to create worse performance.
stmartin
25/10/2018
12:03
Small companies are more vulnerable in market sell offs.
whilstev
25/10/2018
10:08
This been battered bad , any reasons why..
chc15
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
ADVFN Advertorial
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:20210805 04:41:16