Summary
THE Pounds 650 million Monks Investment Trust has beaten its rivals for almost ten years in succession. But losses in just two months last year - September and October - were so horrendous as to all but obliterate that decade of outperformance.
A ten-year investment with Monks is worth only marginally more than an equivalent holding with the average global investment trust. And over the past year, while Monks fell 31 per cent in value, the average trust fell 20 per cent.See the full content of this document
Extract
Baillie leads Monks astray ; FUND FOCUS
What was Monks's undoing? Like all investment trusts, it has a board that is independent o...
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