Independent Financial Strategies
 
  Independent
  Financial
  Strategies
 

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T  - 01295 738566 
F  - 08707 598434 
E - info@ifstr.com 

Independent Financial Strategies





















 

 

 
Investment Trusts
 
These are closed-ended funds regulated by the
Investment Company Act of 1940.
 
These funds have a fixed number of shares.
 
The market price may exceed the net asset value per share,
in which case shares are selling at a premium.
 
When the market price falls below their net asset value,
they are selling at a discount.
Many closed-end funds are of a specialized nature;
the portfolio represents a particular industry or, country.
 
These funds are normally listed on a stock exchange.