How can UK investors gain access to US trusts?

Stephen Peters, investment trust analyst at Charles Stanley, investigates some of the top performing American trusts

Many readers will be aware of the problem UK retail fund buyers face in investing in the US. Despite it currently being the largest and deepest global stock market, the UK investor is not blessed with a large quantity of well managed funds to choose from. For a number of years, this has not been a problem. From 2003-2007, investors were more than happy to buy Asian and emerging market funds, where the macro-economic case for investing seemed unbeatable. Fund portfolios were typically underweight in US equities, as they seemed to be burdened with high valuations and fewer opportunities...