RCS - RIT Cap. Partners - Initiation from QuotedData

RIT Capital PartnersAnnouncement

11/04/2023 13:00

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RNS Number : 8461V  RIT Capital Partners PLC  11 April 2023

RIT Capital Partners - Initiation from QuotedData

11(th) April 2023

A rare opportunity to buy a unique trust

Last year was a turbulent one for markets and, unusually, there were few
places for investors to hide, with nearly all asset classes recording large
declines. RIT's net asset value (NAV) also fell in 2022, and this appears to
have unnerved some investors who, after 10 years of consecutive NAV uplifts,
may have come to believe that RIT's portfolio would never decline in value.

This has led to RIT Capital Partners (RIT) coming in for some criticism
recently, with some investors claiming that RIT has 'changed its stripes'. As
a result, the shares have come under short-term pressure and have been selling
at a record discount to NAV against recent history of around 23%. We believe
this is unjustified and presents a rare opportunity to buy a unique trust with
an impressive long-term track record (see page 33).

Full Research:

https://quoteddata.com/research/rit-capital-partners-rare-opportunity-buy-unique-trust-qd/
(https://quoteddata.com/research/rit-capital-partners-rare-opportunity-buy-unique-trust-qd/)

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NB: Marten & Co was paid to produce this note on RIT Capital Partners Plc
and it is for information purposes only. It is not intended to encourage the
reader to deal in the security or securities mentioned in this report. Please
read the important information at the back of this note. QuotedData is a
trading name of Marten & Co Limited which is authorised and regulated by
the Financial Conduct Authority. Marten & Co is not permitted to provide
investment advice to individual investors categorised as Retail Clients under
the rules of the Financial Conduct Authority.

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