Page 43 - DIY Investor Magazine | Issue 32

The first decade (92 to 02) finished with the dot com bust and the second (02 to 12), comfortably the worst for returns, had the global financial crisis to deal with.
YOUNGER TRUSTS
There aren’t many younger trusts that have managed 15% annualised over the last 30 years. I reckon there are 46 trusts launched from 1952 to 1991 that are still in existence.
Of these young pups, HgCapital (launched in 1989), Rights & Issues (1962), ICG Enterprise (1981), and North Atlantic Smaller Companies (1973) are probably the most likely
candidates as they all returned between 14% and 16% a year over the three decades to 30 September 2021 (figures from the latest Investment Trusts Handbook).
For more on long-term returns, you might also be interested in a piece I did on 20 global trusts about eighteen months ago as it has some figures for the likes of RIT Capital Partners, Capital Gearing, Personal Assets, Mid Wynd, and Caledonia.
Join me over at Money Makers: I’m now writing regular articles for Money Makers, a site set up by Jonathan Davis, the editor of the Investment Trusts Handbook. For more information on what you get as a member, simply click here.
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DIY Investor Magazine · Feb 2022