Closed-ended funds investing in UK smaller companies dominated performance tables in April, with BlackRock, Henderson and Standard Life all winners during the month.
Premier Fund Managers' £95m Acorn Income fund topped the chart, up by 10% in NAV terms, followed by Gresham House Strategic (+9.8%), according to figures from QuotedData. The £580m BlackRock Smaller Companies, £560m Henderson Smaller Companies and £290m Standard Life UK Smaller Companies trusts were also up between 6% and 7% for the month. Winterflood's top investment trust picks for 2017 QuotedData head of research James Carthew said: "The sector has been somewhat out of favour following Brexit and such companies have been left behind in previous cyclical rallies. "However, in...
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