AVI Global Trust
- Annual overview
from
QuotedData
6th December 2024
Building on solid
foundations
AVI Global
(AGT) continues to demonstrate the value of a clear strategy and a
high-conviction approach, generating annualised Net Asset Value
(NAV) returns of almost 15% over the last two years, despite market
factors heavily favouring momentum trading (strategies where
investors buy rising securities and then sell them when they appear
to have peaked) and a small group of very large US technology
companies.
At the same
time, broader market volatility has driven some discounts to
extreme levels, creating a range of excellent opportunities for the
managers, who continue to focus the portfolio around idiosyncratic
catalysts (specific events likely to impact stock prices) and away
from generic market risk.
Despite
AGT's strong performance in recent years, the combined share price
discount to NAV and the discount on the underlying portfolio now
sits at 34%. This level is approaching one of the highest in its
history, providing investors with an excellent entry
point.
AGT's fund
manager, Asset Value Investors, was recognised as the Best Boutique
at QuotedData's 2024 Investors' Choice Awards.
Full Research:
https://quoteddata.com/research/avi-global-trust-building-on-solid-foundations-qd/
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NB: Marten
& Co was paid to produce this note AVI Global Trust Plc, and it
is for information purposes only. It is not intended to encourage
the reader to deal in the security or securities mentioned in this
report. Please read the important information at the back of this
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Marten & Co is not permitted to provide investment advice to
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