The trusts with the biggest discount/premium changes since the crisis

Jupiter Green seen discount narrow 10%

Since Russia invaded Ukraine on 24 February, investment trusts have, unsurprisingly, seen big moves in their discounts and premiums, this is leading to some trusts looking expensive and others starting to look more appealing.

The figures from the Association of Investment Companies and Morningstar excluded those with large exposure to Russia because of the difficulty of valuing the underlying assets at this time. The data set looked from 24 February until 4 March. The £56.2bn Jupiter Green trust had seen the biggest benefit during this time period, with its discount narrowing from 18.7% to 8.6%. Matthew Read, senior analyst at QuotedData, noted that there is no "obvious explanation" for this move and as such it "now looks expensive". He noted that there are some "clear trends" within the data, such as ener...