During this tumultuous global sell-off, CGT has done ABSOLUTELY NOTHING! What use is a "wealth preservation" trust that doesn't make you money in either market rallies OR declines??
Their yen bet has gone nowhere. Index-linked bonds are crawling along the bottom, having fallen since 2022. Investment trust discounts are not - yet - returning to par. The CGT share price has done nothing for several years. So here’s the question: When does the management admit that their bets are not paying off - or will they continue to believe in what is not working?
During this tumultuous global sell-off, CGT has done ABSOLUTELY NOTHING! What use is a "wealth preservation" trust that doesn't make you money in either market rallies OR declines??
Tortoise and the hare. More faith in this tortoise than in many of the 'hare' investment trusts
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Their yen bet has gone nowhere. Index-linked bonds are crawling along the bottom, having fallen since 2022. Investment trust discounts are not - yet - returning to par. The CGT share price has done nothing for several years. So here’s the question: When does the management admit that their bets are not paying off - or will they continue to believe in what is not working?