By Tom Winnifrith | Thursday 1 October 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most Primary Bid offers I can happily ignore. But the one just announced looks interesting.
Nigel has already covered the soon to IPO of the Buffettology Smaller Companies Investment Trust HERE. His conclusion was:
‘I like the idea, but I’m not so sure that now is the right time to pile in. The risks, with the UK economy facing a massive crisis, seem to be heavily to the downside with smaller companies. But maybe it will prove a good home for some of my Gold profits in the months to come when it is time to start taking profits from my investments in the yellow metal.’
But in my 11th video show HERE, Chris Bailey put a compelling case as to why as an asset class UK Equities are a very cheap one. If one agrees with Chris, then now would be a great time to back a value investing fund looking to back an undervalued segment (vale as opposed to growth or blue sky/fraud) in an undervalued market.
The minimum investment in this offer closing on 23 October is £1000 and you access it via Primary Bid HERE.
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