All but five of the 26 investment trusts in the AIC's equity income sector can be bought for less than the value of the assets they hold. This is a recent reversal of fortune for many income investment trusts, which had seen their share prices settle at a premium above their net asset value in recent years, as investors chased yields in the low interest rate environment.
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The Investing Show: Best bank shares, sell in May, and should you buy the Footsie?
In the latest episode of The Investing Show, we take a look at what's actually in the FTSE 100 and whether investors should buy in. We also discuss the best UK bank shares and their prospects and take a look at whether there is any wisdom in the old Sell in May adage.
HOW TO BE A DIY INVESTOR
INVESTING NEWS AND IDEAS
Why sell in May and go away? Here's five promising stocks to BUY this summer - and a look at how last year's tips went
'Sell in May and go away, stay away till St Leger Day' is a timeworn piece of advice to investors, but no financial pundit has ever proved whether it's true or not. Instead of engaging in this dusty debate, we prefer to focus on which shares are likely to do well this summer and beyond, however the wider market performs. Ian Forrest, investment research analyst at The Share Centre, suggests five stocks that look a good buy right now and recaps how our summer share tips from last year performed.
The Diary of a Private Investor: Why doing nothing can sometimes be the best thing
'If you can't find any potential investments that you feel are better than existing holdings in the portfolio its best to sit on your hands.' Our columnist John Rosier delivers his latest update. He looks at what to do when you don;t have any good ideas and reflects on a month in which one of his holdings Fox Marble leapt nearly 40%.
SIMON LAMBERT: Bond king Bill Gross is right, the investing world's gone mad - beware the day it wises up
In today's mad world, negative yields mean that investors are buying bonds guaranteed to lose them money if held to maturity. That's prompted bond king Bill Gross to rail again at 'the less than commonsensical notion that a global debt crisis can be cured with more and more debt.' We would be wise to at least consider his words.
Bank of England says it will raise rates in 2016 - but what if they have to rise faster than we think?
If the Bank of England's outlook is to be believed, we won't see an interest rate rise until it gets a seven-year itch. But how much faith can we put in that? The caveat with these forecasts has always been not to bank on them. Rate expectations have swung around wildly over the past six years. We're still at 0.5 per cent.
Keeping too much in cash means savers are 'throwing vast sums of money away' - but where can they start investing?
Households holding half their average £54,000 wealth in cash are 'throwing vast sums of money away every year', on low returns, research by a leading fund management house claims. While there may be plenty of savers out there who would acknowledge they have too much in cash, the crucial question many of them will ask is 'where do I start investing?'
China's stock market is up 120% in a year: is it a new dawn for investors or a dangerous bubble? Four things you should know about investing in China
China is firmly gripped by stock market fever. The country's mainland index, the Shanghai Composite has been on a tear, up more than 120 per cent in the last year and hitting its highest level for seven years. Some say this is just a preview of things to come, others warn of an impending bubble. Maike Currie takes a look.
INVESTING VIEWS FROM OUR COLUMNISTS
China's stock market is up 120% in a year: is it a new dawn for investors or a dangerous bubble? Four things you should know about investing in China
China is firmly gripped by stock market fever. The country's mainland index, the Shanghai Composite has been on a tear, up more than 120 per cent in the last year and hitting its highest level for seven years. Some say this is just a preview of things to come, others warn of an impending bubble. Maike Currie takes a look.
THE MINOR INVESTOR: An honest look at a year's investing - and the mistakes that I made along the way
It is just over a year since I started the Minor Investor column, with the aim of taking a candid look at my investing experience. In that spirit, I decided the latest column should deliver an honest appraisal of how my investments have fared over that year - and the mistakes I've made along the way.
DIARY OF A PRIVATE INVESTOR
- Biotech stands accused of being a bubble but I'm holding on for now - and making money
- The Diary of a Private Investor: Why doing nothing can sometimes be the best thing
- A correction wouldn't be a surprise but I'm staying invested - and buying miners and Europe
- Why I like investment trusts and think FlowGroup's energy-generating boilers can fuel returns
- Avoiding disasters was as important as picking winners in delivering an 11% return for 2014
- Winners and losers from the best month of the year - and why I like Avation's strong director backing
- The tough decisions to be made when markets slide and fear takes over
MAIKE CURRIE
- The Wall Street party isn't over just yet: Why investors should keep the faith with the US
- Hunting for dividends? MAIKE CURRIE suggests four ways to rethink investing for income
- Want to invest like Warren Buffett? Things you may not know about him but probably should
- Going for growth: From US small caps to India, Ideas to invest for better returns as world economy slows
- Worried about see-sawing currencies? Fidelity's Maike Currie offers four ways to protect your portfolio
- Volatility is back but that could be an opportunity. MAIKE CURRIE'S five ideas to shock-proof your investments
THE MINOR INVESTOR COLUMN
- An honest look at a year's investing - and the mistakes that I made along the way
- The wisdom of the crowd or herd mentality? Crowdfunding looks tempting but it pays to tread carefully
- If you want to make money long-term put your trust in dividends - the Rolling Stones of investing
- Is the FTSE 100 finally about to crack 7,000 - and should we even care?
- Is it time to buy on the stock market dips or run for the hills?
- Are shares too expensive to invest? Not in Britain it seems
- Five of the best investing books
- Neil Woodford revealing all is a victory for investors - more fund managers should follow
- The hunt for value and quality and why I'm buying Japan and Italy - and thinking about Sainsbury's
- Tips for the fearful investor - is it time to stop waiting for the Goldilocks moment?
- Is this as easy as investing gets? The cheap but boring tracker funds that do all the work for you
- Is a fund manager worth paying for?
- Forget the get rich quick merchants, listen to the get rich slow wisdom of Nick Train, who has trebled investors' money in ten years
THE INVESTING SHOW
The Investing Show: Danger for cautious investors, trackers vs fund managers and what next for the pound
In the latest episode of our new series, we take a look at why cautious investing may be a risky option, the fund manager vs tracker debate and what next for company profits and the pound. This show features special guest Tom Becket, of PSigma IM, who highlights the dangers he sees for investors and where he'd invest right now.
INVESTING IDEAS
Do cheap funds outperform more expensive ones? Tracker fund provider claims active managers mostly underperform
Its study of 6,500 funds available in the UK found that if they are split in half between high and low cost, the cheaper ones outperformed in 10 out of 12 investment categories in the past decade. Some but not all of the cheaper funds in Vanguard's analysis were 'passive' trackers - which simply duplicate an investment index, rather than try to outperform it. But the company says it findings align with separate research it has done showing high costs are the reason why most 'active' funds - the more expensive kind run by managers trying to beat a market - have lagged their benchmarks over five, 10 and 15 years.
Dumb tracker, cheap do-it-all fund, or smart beta? Passive investing has never been cheaper, here's how you can track the market
Passive investors have never had it so good. Costs are falling at the same time as their opportunity to tap into markets increases. But it's not just about tracking a market anymore, smart beta combines passive approaches with active allocation and ready-made passive portfolios are also being snapped up. So what does a good tracker look like?
CHECK YOUR INVESTMENTS
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Investing: don't miss
- They offer income of 6% a year... But are giant solar farms the investment opportunity you've been looking for?
- The Diary of a Private Investor Why doing nothing can sometimes be the best thing
- TONY HETHERINGTON I invested nearly £2,000 but have I been stung by a wine investment scheme?
- The Investing Show: Best bank shares, sell in May, and should you buy the Footsie? Watch the latest episode
- SIMON LAMBERT Bond king Bill Gross is right, the investing world's gone mad - beware the day it wises up
- How do I invest in gold... And is now a good time to buy?
- China's stock market is up 120% in a year is it a new dawn for investors or a dangerous bubble? Four things you should know about investing in China
- Are UK supermarket shares now a bargain? Funds still stocking up on Britain's grocers - and stress that in the long haul it may pay
- Do cheap funds outperform more expensive ones? Tracker fund provider claims active managers mostly underperform
- Solar mini-bond offers the chance to do some daylight saving But is a 6% annual return enough for the risk?
- As more music fans turn the tables in the vinyl revival... Here's the ten most valuable records in the world
- Help! My share account is being shunted from Barclays to Equiniti over my head Should I go along with this?
- A bond that's worth a try? Wasps rugby club offers retail bond that will pay 6.5% Will be traded on Orb
- Are UK supermarket shares now a bargain? Funds still stocking up on Britain's grocers - and stress that in the long haul it may pay
- Is 2015 the turning point for a 100 years of rising prices? The investments that perform best during periods of low inflation and deflation
- Would you invest in this forest? Investors promised 20% returns from an eco village in Norway Here's the truth
- The investments that perform best during periods of low inflation and deflation Is 2015 the turning point for a 100 years of rising prices?
- Couple face £25k bill after Capita posted £1.5million of share certificates by second class post - and they never arrived
- THE MINOR INVESTOR: An honest look at a year's investing And the mistakes that I made along the way
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How to invest for income with shares and bonds
We get a fund manager's tips for investors
Sponsored - Strategic bonds offer good returns, but is the money protected? The Investment Clinic answers
Investing essentials
- How to pick the best (and cheapest) DIY investing Isa A wealth of choice and changes to charges have left many investors scratching their heads
- How to find the best (and cheapest) Sipp Make more money from your DIY pension
- How to invest in funds, investment trusts and ETFs And save money as a DIY investor
- How to invest in shares Your complete guide to joining the excitement of individual share-picking
- How to start investing in funds and pick the right ones for you The easiest way to start investing is with funds. We explain how to invest.
- What should you know before buying a fund? The DIY investors'guide How to read a fund document and work out what you need
- The importance of asset allocation How to divide investments so your eggs aren't all in one basket
- The cheap but boring tracker funds that do all the work for you Is this as easy as investing gets?
- Clean funds: what you need to know about new investments Is it time to put your dingy old funds through the wash?
MIDAS SHARE TIPS
- MIDAS SHARE TIPS: Direct Line leads the dividend pack in the Dogs of the Footsie portfolio that's beating the market
- MIDAS SHARE TIPS: Crop enhancement specialist Plant Impact sows seeds for further growth
- MIDAS SHARE TIPS: Tech investor riding high on backs of AIM hopefuls - Should you back MXC Capital?
- MIDAS SHARE TIPS UPDATE: Gold mine company Aureus could hit jackpot after surviving triple whammy
- MIDAS SHARE TIPS: Palm grower DekelOil greases the wheels as production is set to soar...but will the 1p share price follow?
- MIDAS SHARE TIPS: Software group WANdisco's party could be about to start as notable clients join line-up
- MIDAS SHARE TIPS: Translator is the last word in the video game market - but not for Keywords Studios
- MIDAS SHARE TIPS UPDATE: Shares accelerate at proton therapy firm Advanced Oncotherapy
- MIDAS SHARE TIPS: Fox Marble's shares look cheap as Kosovo's luxury stone gains ground
- MIDAS SHARE TIPS UPDATE: Tell Sid to keep a close eye on the BG share price
- MIDAS SHARE TIPS: Car seller Lookers earns its loyal following by ditching the spivs and focusing on John Lewis-style service
DIY INVESTING IDEAS
- How to be a DIY investor How to take control of your money to build a richer future
- Going for growth? Fund and trust ideas for emerging markets If you're looking to add some flair, check out our experts' ideas
- Hunting for income? Fund and trust ideas for income investors Draw an income or reinvest dividends to build solid growth over time
FUND AND TRUST IDEAS
- CAVENDISH AIM FUND: A lot of the firms on Aim are awful, admits manager, so I hunt out the gems
- STRATEGIC EQUITY CAPITAL: The Mayfair 'minnows' specialist that caught Lord Rothschild's eye
- JP MORGAN UK ACTIVE MARKET PLUS: 'Lib Dem' fund that sits on fence between active and passive
- THE SCOTTISH AMERICAN INVESTMENT COMPANY: Saints go marching out of the UK - and into China
- ALLIANCE TRUST: Can Dennis the Menace save Alliance's Katherine the Great?
- FIDELITY CHINA SPECIAL SITUATIONS: Fund has all bases covered as China wakes up to insurance
- M&G OPTIMAL INCOME FUND: 'The only game in town' for those in search of a winning bond strategy
- MONKS INVESTMENT TRUST: Old managers ousted and half the portfolio jettisoned in new drive for growth
- BARINGS GERMAN GROWTH: German fund hopes for boost from super Mario's bond plan
- M&G EPISODE INCOME: Pension freedoms mark a brand new Episode in how income is provided
- EDINBURGH WORLDWIDE INVESTMENT TRUST: Meet Douglas Brodie, the man who's always on the lookout for disruptive influences...
- INVESCO PERPETUAL UK STRATEGIC INCOME: Market-beating fund hunting dividends and growth run by Woodford's successor
Long-term savings
DON'T MISS
- The 21 income investment trusts that can be bought at a discount Chance to buy income at a knockdown price
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Can I get insurance to cover when my buy-to-let property is empty?
And will it cover void periods
Sponsored - Hotel chain says over-55 guests want adrenaline-fuelled activities like 'Zorbing' Rise of the nifty over-fifties
- Here's five promising stocks to BUY this summer We also look at how last year's tips went
- SMALL CAP SHARE TIPS: Savannah Petroleum's outlook for 2015 hots up Our experts take a look
- Should you invest in a classic second-hand watch? Value of basket of classics up 5% a year for a decade
- Britain's real Silicon City is Manchester North of England overtaking the rest of the country in online retailing, claims eBay
- The best value mortgage you might not have noticed Four-year fixed rates fall as low as 1.84%
- Can I buy my company premises with my pension and boost my retirement pot? Trick for company owners
- John Lewis named best credit card for rewards Borrowers shun banks and turn to shops for credit cards
- Your eight step guide to climbing onto the property ladder We saved £1,000 a month by living with parents, say Daniel Morgans and Amy Flint
- My bright idea for a projected bike light has turned into a £1m business Blaze designer sees sales boom
- How can we avoid holiday villa fraud? The owners want half the £1,600 now and the rest before we arrive
FUND JARGON BUSTER
Acc: Accumulation - any income generated by the fund like dividends or interest is automatically reinvested.
Inc: Income - any income generated is distributed by the fund instead of being reinvested.
Dis: Distribution - any income generated is distributed by the fund instead of being reinvested.
R: Retail - the fund is aimed at ordinary investors.
I/Inst: Institutional - the fund is aimed at corporate investors like pension funds.
A, B, M, X etc: Different fund houses use letters for different things. Check with them what they stand for.
NT/No trail: Some fund houses use this name on clean funds which carry no commissions for financial advisers, supermarkets or brokers, just the fee levied by the fund manager. But other fund houses use different letters - I, D or Y, for example - so you need to find out for yourself which are clean funds.
Gr: Stands for gross.
GBP/£: Fund denominated in pounds.
EUR: Fund denominated in euros.
USD/$: Fund denominated in US dollars.
Compiled with online stockbroker The Share Centre
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