Update from QuotedData

Edinburgh Worldwide Inv Trust PLC

14 February 2024

 

 

Edinburgh Worldwide  - Update from QuotedData

14^th February 2024

"The opportunity is an exciting as ever"

As the rate of inflation continues to fall (barring a small bounce in the UK in December 2023) interest rates look likely to fall. Growth stocks, which tend to suffer disproportionately when interest rates rise, have been recovering and Edinburgh Worldwide (EWI), the most growth-focused of the global smaller companies trusts (see pages 23 and 24) has seen a pickup in its relative performance.

Within the portfolio, valuations are relatively low, and history suggests that we are only at the beginning of what could be a significant period of outperformance.

EWI shareholders could benefit further as this should trigger a narrowing of EWI's own wider than average discount to net asset value (NAV) (see page 28). At the same time, EWI's managers say that the portfolio remains operationally resilient, technological transformation is continuing, and "the opportunity is as exciting as ever". Reflecting this, team members have been adding to their EWI shareholdings.

Full Research:

https://quoteddata.com/research/edinburgh-worldwide-opportunity-exciting-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Edinburgh Worldwide Investment 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 note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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