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Should you continue to hold Smithson Investment Trust?

The article from MoneyWeek discusses the Smithson Investment Trust, which focuses on investing in small and medium-sized companies globally, excluding the UK, with a market capitalization typically between $500 million and $15 billion. Launched in 2018, Smithson aims to provide long-term growth by investing in high-quality, undervalued companies that have the potential for significant future growth. The trust is managed by Simon Barnard, who follows a strategy similar to that of Fundsmith Equity, but with a focus on smaller companies. Key points include its diversified portfolio across various sectors like healthcare, technology, and consumer goods, with notable holdings in companies like Verisk Analytics, Masimo, and Domino's Pizza. The article highlights Smithson's performance, noting its resilience and growth potential despite market volatility, and discusses its investment philosophy centered around quality, value, and growth. It also touches on the trust's premium/discount to NAV, dividend policy, and the broader economic environment affecting small-cap investments.

Read the Full MoneyWeek Article at:
[ https://moneyweek.com/investments/smithson-investment-trust ]