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The Financial Times guide to investment trusts : unlocking the City's best kept secret /

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 invest...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Baron, John, 1959- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Harlow, England : Pearson, 2013.
Colección:Financial times guides.
Temas:
Acceso en línea:Texto completo (Requiere registro previo con correo institucional)
Tabla de Contenidos:
  • Cover; Contents; About the author; Acknowledgements; Foreword; Introduction: The changing landscape of investing; Chapter 1: What are investment trusts?; Structure and differences; Net asset value (NAV); Discounts and premiums; Price and size; Range and reach; Chapter 2: Better performance and cheaper fees; Better performance; Beware unit trust tables; The strange case of â#x80;#x98;mirror fundsâ#x80;#x99;; The effect of cheaper fees on performance; Lesson from America; The TER and more; Performance fees and Warren Buffett; Chapter 3: The opportunities and risks of discounts; Opportunities and risks.
  • Factors affecting discountsHow to judge value; The risks of investment trusts; Discount control mechanisms; Chapter 4: Other pros and cons of investment trusts; Investment trusts are better understood; Gearing; Directors and shareholders; The long term and alternative assets; Size and marketability; Dividends; Capital changes; Enhanced flexibility; Chapter 5: Useful investing miscellany; Directorsâ#x80;#x99; and managersâ#x80;#x99; shareholdings; The report and accounts; Doing the splits; ETFs and trackers; Portfolio turnover; Different investment styles; Chapter 6: Deciding investment objectives.
  • Saving and investingRisk tolerances: time and volatility; Currency considerations; Income requirements; Choosing a benchmark; The route to market; Chapter 7: Successful investing; Getting started; Why it is important to stay invested; Diversification; Reinvesting dividends; Regular rebalancing; Reaching investment goals; Chapter 8: Other investment secrets; Sentiment versus fundamentals; Keep it simple and cheap; Multi-manager funds; Hedge funds; Structured products; Ignore forecasts; The magic of compound interest; Chapter 9: The Investors Chronicle portfolios; The rationale.
  • Investment philosophyInvestment strategy; Balancing competing factors; A recent column; References.