"The new trust, Aberdeen Standard European Logistics Income (ASELI), will operate ‘big box’ warehouses and the ‘final mile’ infrastructure needed to deliver all that stuff we buy online."
From Citywire:
It’s good to see Standard Life Aberdeen (SLA), the £670 billion fund management giant, choose an investment trust for its first product launch since the two firms merged earlier this year. Better still, it’s a brilliant idea.
While most funds that aim to gain from newish technology promise growth tomorrow but deliver little or no income today, SLA’s new trust might do both with a target yield of 5.5% and total returns of 7.5% per annum.
The new trust, Aberdeen Standard European Logistics Income (ASELI),will operate ‘big box’ warehouses and the ‘final mile’ infrastructure needed to deliver all that stuff we buy online.
http://citywire.co.uk/investment-trust- ... nt#1073215Against that, potential subscribers at issue should always beware the risk they may pay more than the shares subsequently fetch on the open market. This is less of a problem now the rising popularity of investment trusts has depressed the average discount to 4% and quite a few trusts trade at a premium to net asset value (NAV)