Trustnet Magazine 57 December 2019 | Page 32

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He is bucking the trend for a
sustainable trust pick in 2020,
opting instead for Douglas Brodie’s
Edinburgh Worldwide Investment
Trust. This vehicle invests in a
Of the trusts picked out in this
diversified portfolio of global smaller
column last year, Numis’s head
companies that offer significant long-
of investment companies research
term growth potential.
Ewan Lovett-Turner selected by far
“The focus is on stocks with a
and away the best performer with
market cap under $5bn and the
HgCapital* – up 45 per cent to the
potential to deliver multiples on
end of November.
invested capital,” says Lovett-
Lovett-Turner says that while this
Turner. “It has a bias to healthcare
performance may be difficult to
and technology, reflecting the
repeat, he believes HgCapital is well- innovation and pace of development
placed to deliver attractive returns,
in these areas, and Brodie’s academic
due to its “portfolio of companies
background in life sciences.”
focused on business-critical software
The trust’s largest holdings
and technology-enabled services,
include online grocer Ocado, RNA
which benefit from a high proportion interference (RNAi) company
of recurring earnings”.
Alnylam Pharmaceuticals and
Novocure, which treats cancer.
Lovett-Turner says Edinburgh
Worldwide is differentiated from
other global equity trusts and the
portfolio bears little resemblance to
any index.
“Reflecting this, and the growth
style, we would expect periods of
short-term volatility, but Brodie has a
strong long-term track record.”
Ewan Lovett-
Turner, Numis
Mosaic
Portfolios
To minimise risk,
we leave no
stone unturned
The new Mosaic Portfolio range from FE Investments
delivers a choice of solutions to match your clients’ risk profiles.
Carefully crafted using a selection of holdings – or ‘tiles’ –
across asset classes, they are designed to maximise diversification
and protect your clients’ wealth.
Find out more at fefundinfo.com/en-gb/mosaic
*Note – HgCapital is the owner of FE
fundinfo
Capital at risk. For financial advisers only.
FE Investments is a trading name of Financial Express Investments Limited,
which is authorised and regulated by the Financial Conduct Authority.
© FE 2019 Financial Express Investments Limited, 3rd Floor, Hollywood House,
Church Street East, Woking, Surrey GU21 6HJ. 0207 534 7628
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