Good growth and income buys

By Jenne Mannion The investment trust growth and income sector offers a number of good buy opportunities, according to David McFadyen, investment trust analyst at ABN Amro. Among notable trusts, according to McFadyen are Dunedin Income Growth, Securities Trust of Scotland, Temple Bar and Shires Income. Dunedin Income Growth is now trading at a discount to its net asset value of 14%, possibly as a reaction to the fact manager Graham Campbell is leaving to join Scottish Widows. The average discount is 13%, but it has been as low as 5%. "I expect the discount has narrowed ...