Revealed: Investment trust winners and losers post Brexit

Woodford Patient Capital among losers

Many investment companies have been hit by the market volatility that followed the UK's decision to leave the European Union last month. Figures from QuotedData show which trusts soared and which ones dived in June.

The investment trust data research company found mining and emerging markets trusts were among the winners in June, the month when the UK made the historic decision to leave the EU. Leading the way was the New City IM's Golden Prospect Precious Metals trust, which rose by 42% in price terms and 32.5% in NAV terms last month as Brexit triggered a sharp rise in the gold price. Meanwhile, the weakness in the pound boosted many funds with overseas exposure including Vietnam Infrastructure, Aberdeen Latin American Income and Templeton Emerging Markets, which saw their share prices rise by ...