Trustnet Magazine 59 February 2020 | Page 30

Your portfolio
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companies research at Numis
Securities: “It has had some early
successes in that portfolio. But you
have to be willing to take the rough
with the smooth in this type of
investing. It’s an interesting area, but
there’s a degree of risk.”
Peak to trough
Baillie Gifford’s representative in the
sector, Schiehallion, was launched
last year with gross assets of around
£375m. However, Baillie Gifford says
Mosaic
Portfolios
To minimise risk,
we leave no
stone unturned
the trust, named after a Scottish
mountain, is illiquid, trades in dollars
and is not aimed at retail investors,
who are gently advised to obtain their
pre-IPO exposure from its Scottish
Mortgage, Edinburgh Worldwide and
Shin Nippon trusts.
Numis Securities lists eight
investment companies in its “VC/
pre-IPO” category. The biggest name
on the list with £578m of assets is
Draper Esprit, which adopts a long-
term approach to investing in high-
PERFORMANCE OF TRUSTS OVER 1YR
Merian Chrysalis Adamas Schroder UK Public
Investment Finance Asia Private Trust
Company (24.27%) (-33.68%) (-61.99%)
40%
20%
0%
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
-20%
-40%
-60%
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
-80%
Source: FE Analytics
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