Money Makers

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Custodian REIT (CREI) / DRUM Income Plus REIT (DRIP), Third Point Investors (TPOU), Schroder UK Public Private (SUPP), Aberdeen Standard European Logistics Income (ASLI), Digital 9 Infrastructure (DGI9), Downing Renewables and Infrastructure (DORE), PRS REIT (PRSR), Supermarket Income REIT (SUPR), Tritax Big Box REIT (BBOX), Gore Street Energy Storage (GSF), Manchester and London (MNL), Aurora Investment Trust (ARR), Crystal Amber Fund (CRS), Dunedin Income Growth (DIG), Merchants Trust (MRCH), Strategic Equity Capital (SEC), Ashoka India Equity Investment Trust (AIE), India Capital Growth (IGCE), North American Income Trust (NAIT), JP Morgan Emerging Markets Fund (JMG), Standard Life Private Equity (SLPO), UK Commercial Property REIT (UKCM), Aquila European Renewables Income Fund (AERS), Octopus Renewables Infrastructure (ORIT), Round Hill Music Royalty (RHM). Section Timestamps: 01:11 - Review of the week 02:48 - Corporate news 09:25 - Fundraising 22:38 - Results 36:09 - Results (overseas) 42:40 - Results (specialist) 47:47 - Results (music royalties) 33:12 - Money Makers Circle 52:42 - Close If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook. For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Acorn Income Fund (AIF), Civitas Social Housing (CSH), Genesis Emerging Markets (GSS), Gore Street Energy Storage (GSF), BH Macro (BHMG/BHMU), Home REIT (HOME), Tritax Eurobox (EBOX), Martin Currie Global Portfolio Investment Trust (MNP), New Star Investment Trust (NSI), City of London Investment Trust (CTY), Murray Income (MUT), Baillie Gifford Shin Nippon (BGS), BlackRock Latin American (BRLA), European Opportunies Trust (JEO), Gulf Investment Fund (GIF), Nippon Active Value Fund (NAVF), Pacific Horizon (PHI), CQS New City High Yield (NCYF), Schroder UK Public Private (SUPP), Gresham House Energy Storage (GRID), US Solar Fund (USF), Phoenix Spree Deutschland (PSDL), Supermarket Income REIT (SUPR). Section Timestamps: 00:30 - Review of the week 01:49 - Corporate news 10:58 - Fundraising 16:29 - Results 24:12 - Results (overseas) 42:13 - Results (infrastructure) 47:07 - Results (property) 50:30 - Money Makers Circle 51:04 - Thoughts on the market cycle 52:04 - Close If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook. For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Baker Steel Resources Trust (BSRT), Civitas Social Housing (CSH), Digital 9 Infrastructure (DGI9), The Renewables Infrastructure Group (TRIG), Aberdeen Smaller Companies Income Trust (ASCI), Henderson High Income Trust (HHI), AVI Japan Opportunity Trust (AJOT), Schroder Asian Total Return (ATR), Biopharma Credit (BPCR), Dunedin Enterprise (DNE), RTW Venture (RTW), Third Point Investors (TPOU), Foresight Solar Fund (FSFL), Greencoat Renewables (GRP), VH Global Sustainable Energy Opportunities (GSEO), Standard Life Investments Property Income (SLI), Round Hill Music Royalty (RHM). Section Timestamps: 00:18 - Review of the week 06:34 - Corporate news 19:12 - Fundraising 24:56 - Results 30:12 - Results (overseas) 44:10 - Results (infrastructure) 48:18 - Results (property) 50:42 - Results (specialist) 52:17 - Money Makers Circle 52:40 - Close If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook. For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: abrdn Asian Income Fund (AAIF), Aurora (ARR), Biopharma Credit (BPCR), Custodian REIT (CREI), GCP Student Living (DIGS), Genesis Emerging Markets (GSS), LXI REIT (LXI), Aberdeeen Standard European Logistics Income (ASLI), Aquila European Renewables Income (AERI/AERS), Target Healthcare REIT (THRL), Tritax Eurobox (EBOX), Standard Life UK Smaller Companies Trust (SLS), Vietnam Enterprise Investments (VEIL), Weiss Korea Opportunity (WKOF), Digital 9 Infrastructure (DGIN), Ecofin US Renewables Infrastructure (RNEW), International Public Partnerships (INPP), HG Capital Trust (HGT), Oakley Capital Investments (OCI), Schiehallion Fund (MNTN), Menhaden Resource Efficiency (MHN), Tufton Oceanic Assets (SHIP), Impact Healthcare REIT (IHR), Standard Life Investments Property Income Trust (SLI), Roundhill Music Royalty (RHM). Section Timestamps: 00:25 - Review of the week 02:23 - Corporate news 18:34 - Fundraising 24:45 - Results 27:41 - Results (overseas) 29:46 - Results (infrastructure) 35:31 - Results (private equity) 40:28 - Results (specialists) 42:30 - Results (property) 47:30 - Results (music royalties) 50:02 - Mello Trusts and Funds Event Jonathan and Simon will be attending the Mello Trusts and Funds event on Tuesday 14th September. If you would like to attend this free online event, visit https://melloevents.com/trustsandfunds14thsept/ for details. The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Acorn Income Fund (AIF), Third Point Investors (TPOU), Aquila European Renewables Income Fund (AERS/AERI), Blackfinch Renewable European Income Trust, Cordiant Digital Infrastructure (CORD), Home REIT (HOME), Responsible Housing REIT, Schroder BSC Social Impact Trust (SBSI), SDCL Energy Efficiency Income (SEIT), The Renewables Infrastructure Group (TRIG), Mid Wynd International (MWY), BH Macro (BHMG/BHMU), Boussard & Gavaudan (BGHL/BGHS), Downings Renewables & Infrastructure (DORE), Regional REIT (RGL), Triple Point Social Housing REIT (SOHO), UK Commercial Property REIT (UKCM). Section Timestamps: 00:30 - Review of the week 02:34 - Index changes 05:32 - Corporate announcements 12:22 - Fundraising 33:53 - Results 41:44 - Results (property) 46:15 - Close 46:39 - Money Makers Circle The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Aberdeen Asian Income Fund (AAIF), BH Macro (BHMG/BHMU), Third Point Investors (TPOU), Target Healthcare REIT (THRL), JPMorgan American (JAM), JPMorgan US Smaller Companies Trust (JUSC), BBGI Global Infrastructure (BBGI), Invesco Bond Income Plus (BIPS), Pershing Square Holdings (PSH), BMO Private Equity (BPET), HG Capital Trust (HGT), Pantheon International (PIN), Princess Private Equity (PEY), GCP Student Living (DIGS), Warehouse REIT (WHR). Section Timestamps: 00:40 - Review of the market 03:21 - Corporate activity 14:26 - Fundraising 17:24 - Results 23:30 - Results (specialists) 36:01 - Results (private equity) 43:25 - Results (property) 46:09 - Looking ahead 48:08 - Postscript - JPMorgan American (JAM) The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, reviews the main announcements and market movements in the latest edition of our free weekly investment trust podcast. While Simon Elliott, head of investment trust research of Winterflood Securities, continues his holiday, Jonathan is joined by Peter Hewitt, the manager of the BMO Managed Portfolio Trust. Please note that due to some technical issues with the remote connection this week, the sound quality of our podcast is not up to its usual standards, for which we can only apologise. However, we still hope you find the conversation interesting as Jonathan and Peter discuss what has happened over the past week, as well as some of the things that Peter owns and what he has been doing with his portfolio recently. Trusts mentioned this week (with tickers) include: Elecktra Private Equity (ELTA), Civitas Social Housing (CSH), Triple Point Social Housing (SOHO), Bluefield Solar Income Fund (BSIF), Seraphim Space Investment Trust (SSIT), Literacy Capital (BOOK), Pershing Square Holdings (PSH), BlackRock World Mining Trust (BRWM), Temple Bar Investment Trust (TMPL). Section Timestamps: 01:17 - Review of the market 02:12 - A discussion with Peter Hewitt 56:08 - Money Makers Circle and Close The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, reviews the main announcements and market movements in the latest edition of our free weekly investment trust podcast. While Simon Elliott, head of investment trust research of Winterflood Securities, takes a well-deserved holiday, Jonathan is joined by Nick Greenwood, the manager of Miton Global Opportunities. Trusts mentioned this week (with tickers) include: Acorn Income Fund (AIF), GCP Student Living (DIGS), Scottish Mortgage (SMT), Pershing Square Holdings (PSH), Tritax Euro Box (EBOX), Tufton Oceanic Assets (SHIP), Taylor Maritime Investments (TMI/TMIP), BMO Real Estate Investments (BREI), Roundhill Music Royalty (RHM), Hipgnosis Songs (SONG), Literacy Capital (BOOK), Witan Investment Trust (WTAN), Baillie Gifford US Growth Trust (USA), Smithson Investment Trust (SSON), Diverse Income Trust (DIVI), Schroder UK Public Private (SUPP). Section Timestamps: 00:53 - Market overview 02:16 - Announcements 12:37 - Results 19:50 - Nick Greenwood interview The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Custodian REIT (CREI) / Drum Income Plus REIT (DRIP), Genesis Emerging Markets (GSS), RTW Venture Fund (RTW), ScotGems (SGEM), BMO Managed Portfolio (BMPG/BMPI), Rights and Issues Investment Trust (RIII), RIT Capital Partners (RCP), Henderson Smaller Companies Investment Trust (HSL), Invesco Select Trust (IVPU), JPMorgan Claverhouse (JCH), European Assets (EAT), Fidelity European Trust (FEV), Fidelity Japan Trust (FJV), Fundsmith Emerging Equities Trust (FEET), Mobius Investment Trust (MMIT), Allianz Technology Trust (ATT), Impax Environmental Markets (IEM), Pantheon International (PIN), Renewables Infrastructure Group (TRIG), Tritax Big Box REIT (BBOX). Section Timestamps: 00:49 - Review of the market 03:13 - Corporate activity 13:05 - Results 15:54 - Results (flexible investments) 23:42 - Results (UK) 31:39 - Results (overseas) 41:03 - Results (specialists) 51:02 - Results (property) 53:24 - Money Makers Circle 53:39 - Close The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our nearly 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, and Simon Elliott, head of investment trust research at Winterflood Securities, review the week and the main market movements in the latest edition of our weekly investment trust podcast. Trusts mentioned this week (with tickers) include: Aberdeen Emerging Markets (AEMC) / Aberdeen New Thai (ANW), BlackRock North American Income Trust (BRNA), HydrogenOne Capital Growth (HGEN), Taylor Maritime Investments (TMI/TMIP), Tufton Oceanic Assets (SHIP), F&C Investment Trust (FCIT), Scottish American Investment Trust (SAIN), Aberforth Smaller Companies Trust (ASL), Aberforth Split Level Income Trust (ASIT), BlackRock Throgmorton Trust (THRG), Law Debenture (LWDB), BlackRock Energy and Resources Income (BERI), Greencoat UK Wind (IKW), HICL Infrastructure (HICL), Oakley Capital Investments (OCI), Premier Miton Global Renewables (PMGR), BMO Commercial Property Trust (BCPT), BMO Real Estate Investments (BREY), Custodian REIT (CREI), Impact Healthcare REIT (IHR), GCP Student Living (DIGS). Section Timestamps: 00:19 - Review of the week 01:55 - China 13:07 - Fundraising 17:53 - Results 22:32 - Results (UK) 33:15 - Results (specialist) 44:22 - Results (property) 49:19 - New leadership at The AIC 51:26 - Money Makers Circle 52:03 - Close The Money Makers circle is now up and running. It is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, forums, market/portfolio reviews and regular extracts from the editor’s notebook. For more information about this new offering, please visit www.money-makers.co/membership-join. The weekly investment trust portfolio will continue to be free. We are very grateful for your continued support and the enthusiastic response to our nearly 70 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.