Are you better off with an investment trust or an open-ended fund? Most people seem to lean towards the former, although perhaps that’s the investing company I keep, but convincing data is very hard to find.
For example, preliminary research by the Cass Business School back in 2018 seemed to provide some evidence that investment trusts produced better returns.
But, as reported in the latest Investment Trust Handbook, the final version of the study was abandoned due to “data issues”.
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