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Comparing investment trusts

The book has described the key characteristics of investments trusts and showed that they tend to outperform their benchmarks and open-ended cousins, and yet are more volatile and complex financial instruments. This is why they are best suited to the long-term investor. This complexity makes for opportunities and risks for those who understand them, and requires nuances in approach when making investment decisions as to their relative merits.

Having examined investment trusts in isolation, what about the broader narrative? How should investors discern between them? What makes the case for one trust over another? What are the sector’s current trends and topical issues? How have respected experts best approached ...

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