I want to add my Investment Trusts e.g. Finsbury Growth to my portfolio. How do I do this ?
Just enter the ticker symbol into the search and it should find it for your the same way it finds other stocks. E.g. FGT
About the Author
Ianahughes
16 comments
Patxi
A TrustRank feature has been long promised, e.g. https://www.stockopedia.com/content/can-you-beat-the-market-with-investment-trusts-101243/?page=1#comments but Ed and the team always appear to be working on other more important features. I have added my support to the feature several times but it never seems to progress beyond the "coming soon" stage.
If any other paying subscribers feel the same way please speak up. It is a real shame that even basic IT data is missing from the site, especially as some of the competitors do it quite well.
Albertos
In agreement with Patxi, I would like to see something as well.
I like choosing my own stuff in the UK but for everything else I tend to go with IT/UT - cant be everywhere.
Any help here would be great - it's a bit of a void.
Phil
garbetklb
I'd also like to see IT's feature. Even in, initially, just limited to basic factual data.
Lawman
Fourthed. Many of those of us who are Investors, rather than Traders (nothing wrong with Trading), use ITs.
jonesj
ITs ARE on this site & if you want ranking, or other facilities to sort by ranking, well the Mornignstar site does well for that.
Some of the numbers on the Investment Trusts here look a little suspect, such as the Ben Graham "margin of safety" on BGFD is 394%.
Anyhow, my main purpose of subscribing here is stocks & the site appears to be excellent for that.
This site will also do for basic IT data & I can continue to use Morningstar for IT specific ranking.
pka
I've found it useful to create a Stockopedia folio with all the Investment Trusts that I'm interested in, by typing the name or ticker symbol in the folio's 'Add Stocks' box. My folio has holdings of zero shares for each IT, so I just use the folio as a way to compare prospective ITs for purchase or sale. I've set up the folio to display columns on the 'Quotes' screen showing, for each IT, the Ticker Symbol, Name, Market Cap in £m, Risk Rating, Spread in bps, % Price Changes over 3m, 6m, 1y and 5y, % 50d MA / 200d MA, %200d MA, Yield %, Beta, :Last Price, and % Price Change over the current day. These data items, together with the folio's graphical tools, provide me an ability to find ITs with both high short-term share price momentum and good long-term share price performance records, and gives me an idea of the likely transaction costs of buying shares in that IT. (Note that the Stockopedia ranks don't work for ITs, so one can't use the Momentum Rank to assess their momentum.)
One thing that I would find really useful, but which Stockopedia does not yet provide, is the current discount or premium to Net Asset Value (NAV) of each IT. I understand that this information is provided to Stockopedia by Reuters, but for some reason Stockopedia have chosen not to make it available to subscribers. But it is possible to find discounts and other useful information about ITs, such as past NAV total returns and annual management fees, from free websites such as www.trustnet.com and www.theaic.co.uk. Nevertheless, I do find my Stockopedia IT folio useful in conjunction with those other websites, particularly because Stockopedia's share price graphs can display the entire history of the IT, including both bull and bear markets, whereas the other websites only go back 5 years and miss out the last major bear market of 2007-9.
cig
Isn't the regular "price to book" showing NAV discount (<1.0) or premium (>1.0) on the stock report page of ITs?
pka
The "price to book" quoted by Stockopedia can be quite different for many ITs from the discounts to NAV quoted by www.theaic.co.uk, which is one of the most reliable sources for IT discounts. For example, Stockopedia quotes a value of 1.50 today for the "price to book" of Allianz Tachnology Trust, which would be equivalent to a premium to NAV of 50%, but www.theaic.co.uk quotes a discount of 1% for that IT today.
Stockopedia defines "price to book" as "the Current Price divided by the latest annual Book Value per Share". The latest annual Book Value per Share might be the value quoted in the latest annual report. If so, it might be a very out of date value for the NAV, particularly for an IT whose portfolio has changed its value significantly since the annual report.
batt
Three quarters of my equity portfolio is invested in ITs so I would also welcome more comprehensive data for them. Sometimes basic data like dividends is missing when it is already in the public domain via RNS. I agree with most of the comments.
Glen Keedy
As well as picking stocks I also have investment trusts. Full support from Stockopedia would be a great improvement so I can keep everything in one place. Support for IT z-scores (whether the current discount or premium is statistically significant) is a feature that is difficult to find on competitor websites and will be a useful enhancement.
ChrisLong
I agree that proper support for ITs would be a great improvement, and everything should be capable of being in one place. Come on, Ed!
I am sure that a large number of subscribers must have a few ITs, because it is not really feasible to cover all areas competently by stockpicking.
danielbird193
Another request would be to show the latest published ongoing charges figure (OCF) for each Investment Trust. Like others I have a large amount of my portfolio invested in ITs and the OCF is an important part of my selection criteria.
jonesj
Agreed.
The Price to Book quoted by Stockopedia is not an indicator of IT discounts.
The IT's state the NAV in daily RNS's and the first one I check has a substantial discrepancy with the Stockopedia Price to Book value.
There may well be a good reason for that, with Stockopedia applying a "correct" price to book calculation method that I'm not familiar with.
Incidentally, I understand the NAV of an IT is based on the stock price of all the underlying stocks, which will have their own price to book ratios, presumably a long way above 1, on average.
Edward Croft
It will take some time chaps... there's some demand, but the database we acquired (at great expense) was just not up to scratch for publication. A new one will cost a whole lot more, and it's being assessed.
I've never promised Investment Trust data... but we've certainly researched it. NAV discounts, Z-Scores and a whole lot more will reach the site in time... but I have long since stopped committing publicly to a release date for features.
Patience, patience, all is coming... hopefully before we're all too old to use it !!!!
Howard Adams
Hi Ed.
I for one fully support your patient approach. Your's/Stockopedia's USP is the highest quality data presented in an intelligent (research supported) manner. Other sites offer different support but none matches Stocko's league. Of course I would like Stocko support for ITs but I prefer to wait for the quality product you will develop in good time. Please, please do not rush out anything which compromises your USP. Being somewhat presumptuous, I'm sure many other subscribers would endorse this view.
Regards
Howard
