After months of volatility, investment trusts in the biotech and commodity sectors were the winners in July in both price and NAV terms, according to latest figures.
In its monthly investment companies round-up, trust analysts QuotedData revealed biotech and commodity investment trusts - which have had a difficult time over the last few months in light of the upcoming US elections and falling oil prices - were the best performing funds in July. Natural resources and renewable energy trusts Polo Resources, Leaf Clean Energy and Premier Energy & Water featured in the top ten best performing funds in price terms for the month, returning 26%, 20% and 19% respectively. This followed announcements that Polo Resources had started a new mining operation, ...
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