The advantages of investment trusts
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A portfolio of investment trusts set up in 1999 has demonstrated the benefits of using these vehicles to build long-term wealth, with an estimated annual return of 7.8%. The portfolio, initially comprising six trusts, has undergone significant changes over the years, with some trusts merging or being wound up.
A portfolio of investment trusts established in 1999 has shown the potential for long-term wealth creation. The initial portfolio consisted of six trusts: Gartmore Shared Junior Zero Div, English & Scottish Investors, Finsbury Trust, Law Debenture, Majedie Investments, and Scottish Mortgage. Over the years, the portfolio has undergone significant changes, with some trusts merging or being wound up. English & Scottish Investors, for example, has undergone several transformations, eventually merging with JPMorgan Global Growth & Income in 2025. An investment of £1 in 1999 is estimated to be worth £7.42 in JGGI shares today, representing an annual return of 7.8%. Some trusts, such as Finsbury Trust, now known as Finsbury Growth & Income, have performed well, returning 677% since 2000. The portfolio's history highlights the benefits and risks associated with investment trusts.
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