Strange, let us know if you get to the bottom of it and get a response from Degiro.Not sure it's quite as straightforward as that. On Degiro I can still buy
FGT, CTY, MYI and JGGI.
But I can't buy BNKR, MRC, FCIT, SMT, JEO, ATR, BGSC.
I did initially think Brexit, but shouldn't Brexit apply to all of them (Investment Trusts)?
Does this mean it will be taxed at 41% like an etf or still taxed at 33%?I asked Degiro few weeks back - specifically about SMT and FCIT. Response was that they fall under PRIIPS and need a KID - which is being worked on.
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That’s weird because FCIT already publishes a KID.I asked Degiro few weeks back - specifically about SMT and FCIT. Response was that they fall under PRIIPS and need a KID - which is being worked on.
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No.Does this mean it will be taxed at 41% like an etf or still taxed at 33%?
Investment | Ticker | Rating | Yield | Fee | Style | Strategy |
Edinburgh Worldwide Investment Trust | EWI | Silver 5 | 0.00% | 0.72% | Mid Growth | Global Small tech and Biotech |
Monks Investment Trust | MNKS | Silver 5 | 0.18% | 0.48% | Lg Growth | Global Large-Cap Growth |
Mid Wynd International Investment Trust | MWY | Silver 3 | 0.90% | 0.69% | Lg Growth | Global Moat |
Pacific Assets Trust | PAC | Silver 4 | 0.94% | 1.19% | Lg Growth | Asia Pacific (Ex Japan, Aus & NZ) |
JPMorgan American Investment Trust | JAM | Bronze 3 | 1.09% | 0.18% | Lg Blend | US Core |
Fidelity Asian Values | FAS | Silver 4 | 1.86% | 0.99% | Mid Value | Asian Region (excluding Japan) |
Finsbury Growth & Income Trust | FGT | Silver 5 | 1.93% | 0.64% | Mix Growth | UK High Quality |
JPMorgan Global Growth & Income | JGGI | Bronze 4 | 3.21% | 0.56% | Lg Growth | World Dividend Growth |
MURRAY INTERNATIONAL TRUST | MYI | Silver 2 | 4.54% | 0.65% | Lg Value | Intl Hi Div Yld (ex US) |
City of London | CTY | Silver 4 | 5.05% | 0.36% | Lg Value | core UK equity income |
Thanks,yea I'd prefer to be investing in ETFs but as you say it's a pain re tax treatment so that's why I went down the investment trust route but that seems to be blocked for now at leastThere is generally no equivalent trusts on European markets.
There are plenty of ETFs which fulfill the role of UK investment trusts in Europe and which are taxed as shares in many European countries. But not in Ireland, of course
Thanks yea I already hold Berkshire and will keep adding to it , I'll look into the other 2 you mention ..I suppose I wanted to diversify away from the US a bit ,hence the European values and emerging markets, even though I know most big companies are multinational anywayWould you consider a direct investment in Berkshire, and/or its smaller copycats: Markel and Alleghany? They behave like a well managed US active fund/ETF, but are just a normal company stock, so gains only attract tax (CGT) on disposal. And growth focused so reinvest profits rather than paying dividends.
Disclosure: I hold a position in some of the securities mentioned. I cannot predict their future performance, but their tax treatment seems to meet your requirements.
Hey Folks
The following Investment Trusts are still available to Buy on Degiro
Investment Ticker Rating Yield Fee Style Strategy Edinburgh Worldwide Investment Trust EWI Silver 5 0.00% 0.72%Mid Growth Global Small tech and Biotech Monks Investment Trust MNKS Silver 5 0.18% 0.48%Lg Growth Global Large-Cap Growth Mid Wynd International Investment Trust MWY Silver 3 0.90% 0.69%Lg Growth Global Moat Pacific Assets Trust PAC Silver 4 0.94% 1.19%Lg Growth Asia Pacific (Ex Japan, Aus & NZ) JPMorgan American Investment Trust JAM Bronze 3 1.09% 0.18%Lg Blend US Core Fidelity Asian Values FAS Silver 4 1.86% 0.99%Mid Value Asian Region (excluding Japan) Finsbury Growth & Income Trust FGT Silver 5 1.93% 0.64%Mix Growth UK High Quality JPMorgan Global Growth & Income JGGI Bronze 4 3.21% 0.56%Lg Growth World Dividend Growth MURRAY INTERNATIONAL TRUST MYI Silver 2 4.54% 0.65%Lg Value Intl Hi Div Yld (ex US) City of London CTY Silver 4 5.05% 0.36%Lg Value core UK equity income
Note, there are others available, but I stick to ones that have a Morningstar rating of Bronze or better.