FredBloggs wrote:
Any views or followers of JLIF here?
I've been keeping my eye on it for a while, but don't like the political risk involved with regards to Labour's threats over PFI contracts.
This article just about sums up the recent issues with the JLIF price-drop over recent months -
At Tuesday's closing price of 118.6p they stood nearly 2% below their estimated net asset value of 120.9p per share, according to Morningstar data.
This is the first time since its flotation in 2010 the shares have traded at a discount and is in stark contrast to the record 24% premium they reached last year immediately after the Brexit vote.
JLIF said it was monitoring the political situation ‘carefully’. It says its UK portfolio makes up 71% of JLIF’s total value but the breadth of its investments means it has ‘limited exposure to any single public sector client’.
http://citywire.co.uk/investment-trust- ... n/a1069439
One for the brave, probably....
Cheers,
Itsallaguess