THE MONEY MAKING EXPERT BAILLIE GIFFORD JAPAN FINSBURY GROWTH & INCOME
SCOTTISH MORTGAGE
Managed by: Baillie Gifford Current share price: £5.69 Stock market code: BLDYK61 Annual total charge: 0.37% Investment performance over One month One year Five years –3.5% +20.7% +143%
Why you s hould consider it:
This £8.8 billion trust, a constituent of the FTSE 100 Index, invests in high growth companies from across the globe – most are listed but some are unquoted. Its investment record is exemplary. Jason Hollands, of wealth manager Tilney, says the trust is a ‘stellar performer’ and has ‘very low ongoing charges’.
MURRAY INTERNATIONAL
Managed by: Aberdeen Standard Life Current share price: £10.46 Stock market code: 0611190 Annual total charge: 0.69% Investment performance over One month One year Five years –11.6% –5.4% +30.6%
Why you should consider i t:
This £1.4 billion trust, like Scottish Mortgage, is invested worldwide and has been around for more than 100 years. Dzmitry Lipski, head of investment research at Interactive I nvestor, describes t he t r ust as ‘high quality’ and likes the fact t hat i t provides an attractive income, equivalent to 4.8 per cent a year.
He adds: ‘In times of stock market volatility, investors are often reminded of the fact that boring can be beautiful. Global investment trusts such as Murray International wear that boring label very well.’
HENDERSON SMALLER COMPANIES
Managed by: Janus Henderson Current share price: £8.81 Stock market code: 0906506 Annual total charge: 0.42% Investment performance over One month One year Five years –16.7% +8.0% +74.3%
Why you should consider it:
The fund has seen its share price fall sharply in response to the potential economic impact stemming from coronavirus. But Interactive Investor says it remains one of its ‘super 60’ rated funds.
Lipski says: ‘The trust has a welldiversified portfolio of more than 100 holdings and represents a good long-term pick.’
It also provides a half- decent income, equivalent to just under 2.5 per cent. Lipski warns the trust’s share price could suffer short term if the outlook for the UK economy deteriorates markedly. Managed by: Baillie Gifford Current share price: £6.61 Stock market code: 0048583 Annual total charge: 0.7% Investment performance over One month One year Five years –16.4% -9.1% +54.2%
Why you should consider it:
The Japanese stock market has been badly hit by fallout from coronavirus, resulting in trusts invested in Japan experiencing sharp price falls. Baillie Japan has not escaped this, seeing its share price fall 14 per cent over the past month.
Laura Suter, personal finance analyst at wealth manager AJ Bell, says the trust is ‘not for the riskaverse’ but is well run with the managers carrying out meticulous research – including company visits – before making investments. Familiar trust holdings include Sony, SoftBank and r esearch company M3. Managed by: Lindsell Train Current share price: £7.98 Stock market code: 0781606 Annual total charge: 0.66% Investment performance over One month One year Five years –10.7% +3.3% +52.4%
Why you should consider it:
Run by Nick Train – a long- established fund manager – this £ 1.7 billion trust invests in UK equities. Top holdings include drinks giant Diageo, luxury goods company Burberry and Unilever. Jason Hollands, of wealth manager Tilney, says Train has a ‘fantastic track record’ as an investment manager. With the shares down more than 9 per cent over the last month, he says they represent a ‘buy’.
JP MORGAN EMERGING MARKETS
Managed by: JP Morgan Current share price: £9.44 Stock market code: 0341895 Annual total charge: 1.02% Investment performance over
One month One year Five years –5.5% +11.6% +71.3%
Why you should consider it:
Tilney’s Hollands says emerging market and Asian funds are ‘as popular as steaks in a vegan restaurant’. But he says they could bounce back strongly if the coronavirus threat is contained and then conquered. jeff.prestridge@mailonsunday.co.uk