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Premier Miton Worldwide Opportunities B

Bestinvest LogoFund of investment trusts managed by sector specialist Nick Greenwood.

PRICE (INC)

536.8p

PRICE (ACC)

536.8p

INITIAL CHARGE

1%

0%

ANNUAL MANAGEMENT CHARGE

0.75%

ONGOING CHARGE

1.05%

YIELD

1.1%

1 YEAR
-5.39%

Prices as at 11 Aug 2022.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

Nick Greenwood manages a portfolio which specialises in investment trusts. He has been successful in adding value through exploiting the pricing inefficiencies inherent within the closed end fund arena. The portfolio provides exposure to global investing, although the UK is likely to be the dominant region within the fund. iimia now operates under the parent company of Midas Capital.

Fund summary

SectorFlexible Investment
StructureOEIC
LaunchedApril 2003
Size£44m
Yield1.1%
Charging Basis
Dividends paidAcc units only

Charges

Standard Initial Charge1%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.75%
Ongoing Charges Figure1.05%

Investment Process

This fund is unusual in that it invests only in investment trusts as opposed to traditional listed equities. The manager believes that this approach can provide investors with attractive absolute returns through exploiting inefficiencies in the pricing of investment trusts. The process involves around 200 face to face management meetings per year, which the manager uses not only for information on the trust and to gauge its management, but they also provide ideas for asset allocation. He is not an activist shareholder himself but often picks trusts where some sort of corporate action is likely.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning