Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to eyeball08,Wondergirly,bofh,johnstevens77,Bhoddhisatva, for Donating to support the site

ITs that invest in low-debt companies

Closed-end funds and OEICs
Post Reply Previous topicNext topic
Kantwebefriends
Lemon Slice
Posts: 359
Joined: November 5th, 2016, 4:02 pm
Has thanked: 26 times
Been thanked: 102 times

ITs that invest in low-debt companies

#143143

Postby Kantwebefriends » June 2nd, 2018, 11:16 pm

Do such exist?
Top
Lootman
The full Lemon
Posts: 18882
Joined: November 4th, 2016, 3:58 pm
Has thanked: 636 times
Been thanked: 6650 times

Re: ITs that invest in low-debt companies

#143158

Postby Lootman » June 3rd, 2018, 5:35 am

Kantwebefriends wrote:Do such exist?

Not that I know of. But if you equate "debt free" with "cash rich" then Apple, Google, MicroSoft, Oracle and Cisco probably have more net cash than every other company combined. Healthcare and Consumer staples names also have cash as can be seen here:

http://fortune.com/2018/02/22/us-compan ... h-tax-cut/

So I'd look at ETFs in Tech, Healthcare and Staples.
Top
Post Reply Previous topicNext topic

Return to “Investment Trusts and Unit Trusts”

Who is online

Users browsing this forum: No registered users and 56 guests