Ten too-cheap-to-ignore investment trusts

The broker has tipped smaller company specialist mandates as a buy, given the wide discounts on offer in the space. Iain Scouller, investment trust analyst at the firm, named the Invesco Perpetual UK Smaller Company trust, run by Richard Smith and Jonathan Brow, as one of the cheapest trusts in the market. Over the past six months its discount has drifted from 13% to 19%. Other cheap specialist smaller company trusts to make the list include Montanaro UK Smaller and F&C Global Smaller. "The small-cap index has moved sharply over the past six weeks or so, which has led small cap ...