"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.
Against 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)
http://citywire.co.uk/investment-trust- ... nt#1073215