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: Aquila Energy Efficiency Trust (AEET), Hipgnosis Songs Fund (SONG), Abrdn European Logistics Income (ASLI), Polar Capital Global Financials (PCFT), Residential Secure Income (RESI), Aberforth Smaller Companies Trust (ASL), Henderson Opportunities Trust (HOT), Invesco Select (IVPU), Jupiter Emerging and Frontier Income (JEFI), 3i Infrastructure (3IN), Aquila European Renewables Income (AERS/AERI), BlackRock Energy and Resources Income Trust (BERI), ICG Enterprise (ICGT), Riverstone Energy (RSE), Alternative Income REIT (AIRE), Impact Healthcare REIT (IHR), Standard Life Investments Property Income (SLI), UK Commercial Property REIT (UKCM). Section Timestamps: 00:18 - Review of the week 04:11 - Corporate activity 14:07 - Fundraising 19:56 - Results 27:30 - Results (overseas) 29:07 - Money Makers Circle 29:40 - Results (specialist) 38:54 - Results (property) 46:24 - Prospects for the year 48:29 - 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 90 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. This week, for the first time since the launch of the podcast in April 2020, Jonathan and Simon meet in person to discuss the latest developments! Trusts mentioned this week (with tickers) include: EP Global Opportunities (EPG), JP Morgan European Investment Trust (JETG/JETI), Cordiant Digital Infrastructure (CORD), Digital 9 Infrastructure (DGI9), Impact Healthcare REIT (IHR), Polar Capital Global Financials (PCFT), JLEN Environmental Assets (JLEN), BMO Managed Portfolio (BMPG/BMPI), Aberforth Split Level Income Trust (ASIT), Henderson Smaller Companies Investment Trust (HSL), Baillie Gifford US Growth Trust (USA), Invesco Asia Trust (IAT), JP Morgan Russian Securities (JRS), Chrysalis Investments (CHRY), 3i Group (III), Standard Life Private Equity (SLPE), Oakley Capital Investments (OCI). Section Timestamps: 00:18 - Review of the week 04:45 - Corporate activity 09:26 - Fundraising 13:39 - Money Makers Circle 17:17 - Results 32:12 - Results (private equity) 45:18 - 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 90 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: JPMorgan Japan Small Cap Growth and Income (JSGI), Scottish Investment Trust (SCIN), Supermarket Income REIT (SUPR), Third Point Investors (TPOU), LXI REIT (LXI), Polar Capital Global Financials Trust (PCFT), Bankers Investment Trust (BNKR), Ruffer Investment Company (RICA), Independent Investment Trust (IIT), Tufton Oceanic Assets (SHIP), AEW UK REIT (AEWU), PRS REIT (PRSR). Section Timestamps: 00:18 - Review of the week 07:05 - Corporate activity 20:34 - Fundraising 23:18 - Money Makers Circle 26:38 - Results 35:10 - Results (specialist) 37:25 - Results (property) 42:31 - Evaluating the market 48:07 - 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 90 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 Standard Asia Focus (AAS), Dunedin Income Growth (DIG), Jupiter Emerging and Frontier Income (JEFI), Third Point Investors (TPOU), abrdn European Logistics Income (ASLI), Digital 9 Infrastructure (DGI9), HydrogenOne Capital Growth (HGEN), JLEN Environmental Assets (JLEN), Caledonia Investments (CLDN), Blackrock Income and Growth (BRIG), Gresham House Energy Storage (GRID), NB Private Equity (NBPE), LXI REIT (LXI), Schroder European Real Estate Investment Trust (SERE), Roundhill Music Royalty (RHM). Section Timestamps: 00:19 - Review of the week 05:29 - Corporate activity 14:25 - Fundraising 26:15 - Results 35:06 - Results (property) 39:35 - Results (music royalty) 41:16 - Money Makers Circle 42:18 - Mello Trusts and Funds event 42:48 - Close Jonathan and Simon will be appearing at the Mello Trust and Funds event being held on Tuesday 18 January 2022. If you wish to view this online discussion, details can be found on the event website: https://melloevents.com/upcoming-event/mello-investment-trusts-funds-18th-january-2022/ 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 90 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: BlackRock Latin American (BRLA), Third Point Investors (TPOU), Cordiant Digital Infrastructure (CORD), Pantheon International (PIN), Princess Private Equity (PEY), Supermarket Income REIT (SUPR), Triple Point Social Housing REIT (SOHO), Foresight Solar Fund (FSFL), Next Energy Solar Fund (NESF), Octopus Renewables Infrastructure Trust (ORIT), Round Hill Music Royalty (RHM). Section Timestamps: 00:18 - Review of the week 03:20 - Corporate activity 14:43 - Fundraising 18:17 - Results 23:46 - Results (property) 30:11 - Results (specialist) 39:34 - Money Makers Circle 40:14 - 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 90 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. And as 2021 draws to a close, Jonathan and Simon take a look at what may be in store over the next twelve months. Trusts mentioned this week (with tickers) include: Crystal Amber Fund (CRS), EP Global Opportunities (EPG), GCP Student Living (DIGS), Greencoat Renewables (GRP) / Greencoat UK Wind (UKW), JP Morgan European Investment Trust (JETG/JETI), Odyssean (OIT) / Strategic Equity Capital (SEC), Third Point Investors (TPOU), Scottish Investment Trust (SCIN), JP Morgan Indian Investment Trust (JII), Gore Street Energy Storage (GSF), Ediston Property Investment Company (EPIC), Roundhill Music Royalty (RHM). Section Timestamps: 00:00:24 - Current market position 00:01:28 - Review of the year 00:04:51 - Subsector performance 00:12:43 - Fundraising in 2021 00:18:27 - Buybacks 00:23:47 - Corporate activity in general 00:30:51 - Corporate activity catch-up 00:48:15 - Results 00:56:01 - Looking ahead to 2022 01:03:19 - 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 90 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.

As a special edition for the Christmas week, Jonathan Davis talks to author and founder of wealth management firm Heartwood Investment Management, David Lough, about Winston Churchill and his handling of money. David is the author of the book "No More Champagne: Churchill and his Money" (2015), available in hardback, paperback, and ebook editions. 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 nearly 90 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: GCP Student Living (DIGS), Greencoat Renewables (GRP), Greencoat UK Wind (UKW), Gresham House Strategic (GHS), Triple Point Social Housing REIT (SOHO), BH Macro (BHMG), Chrysalis Investments (CHRY), BMO Global Smaller Companies (BGSC), Majedie Investments (MAJE), Migo Opportunities Trust (MIGO), Securities Trust of Scotland (STS), Artemis Alpha (ATS), Finsbury Growth and Income (FGT), Oryx International Growth Fund (OIG), Schroder UK Mid Cap (SCP), Aberdeen New Dawn (ABD), Atlantis Japan Growth Fund (AJG), JPMorgan Japanese (JFJ), JPMorgan Small Cap Growth and Income (JSGI), GCP Infrastructure (GCP), Henderson Diversified Income Trust (HDIV), Jupiter Green Investment Trust (JGC), Polar Capital Global Healthcare (PCGH), Polar Capital Technology Trust (PCT), Taylor Maritime Investments (TMI), Hipgnosis Songs Fund (SONG). Section Timestamps: 0:00:19 - Review of the week 0:03:28 - Corporate news 0:15:56 - Fundraising 0:23:33 - Results 0:27:43 - Investment Trust Handbook 0:30:02 - Results (UK) 0:41:40 - Results (overseas) 0:47:16 - Results (specialist) 0:50:05 - Money Makers Circle 0:58:51 - Winterfloods Christmas Quiz 1:02:37 - 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 nearly 90 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: Majedie Investments (MAJE), Scottish Investment Trust (SCIN), ThomasLloyd Energy Impact (TLEP), Edinburgh Worldwide (EWI), Lindsell Train Investment Trust (LTI), Monks Investment Trust (MNKS), Aberdeeen Diversified Income and Growth (ADIG), Momentum Multi-Asset Value Trust (MAVT), Aberdeen Standard Equity Income (ASEI), Lowland Investment Company (LWI), Gresham House Strategic (GHS), River and Mercantile UK Micro Cap (RMMC), Barings Emerging EMEA Opportunities Trust (BEMO), Henderson European Focus (HEFT), JP Morgan Asia Growth and Income (JAGI), JP Morgan China Growth and Income (JCGI) , Schroder AsiaPacific Fund (SDP), JP Morgan European Discovery Trust (JEDT), SDCL Energy Efficieny Income (SEIT), Civitas Social Housing (CSH), Schroder European Real Estate Investment Trust (SERE), Tritax EuroBox (EBOX). Section Timestamps: 00:24 - Review of the week 04:04 - Corporate activity 15:59 - Fundraising 18:06 - Money Makers Circle 18:52 - Results (global) 28:54 - Results (flexible) 33:17 - Results (UK) 41:33 - Results (overseas) 51:48 - Results (specialist and property) 57:57 - 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 80 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 Standard Asia Focus (AAS), Amadeo Air Four Plus (AA4), Gresham House Strategic (GHS), Third Point Investors (TPOU), Chrysalis Investments (CHRY), Octopus Renewables Infrastructure (ORIT), Ruffer Investment Company (RICA), Urban Logistics REIT (SHED), VH Global Sustainable Energy Opportunities (GSEO), Baillie Gifford UK Growth (BGUK), BMO UK High Income (BHI), Shires Income (SHRS), BlackRock Frontiers Investment Trust (BRFI), Fidelity China Special Situations (FCSS), Keystone Positive Change Trust (KPC), RPT: Chrysalis Investments (CHRY), Schroder UK Public Private (SUPP), Triple Point Energy Efficiency Infrastructure (TEEC), Custodian REIT (CREI), Residential Secure Income (RESI), TR Property Investment Trust (TRY). Section Timestamps: 00:19 - Review of the week 03:22 - Corporate activity 17:06 - Fundraising 28:31 - Results (UK) 33:48 - Results (overseas) 48:46 - Money Makers Circle 49:20 - Results (property) 55:19 - 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 80 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.