I'm not sure if anyone on this board would be interested in IT's but I would be very interested in views on particular favourites or well managed/good performing companies, if there are any Investment Trust investors around here.

Personally I use investment trusts to balance out penny share risks in my portfolio and to gain international exposure. A few funds also invest in bonds and money markets which can further diversify risk in a portfolio.

Good value can be had, in some trusts trading at wide discounts to NAV, and also paying good dividend yields.

My current picks are:-

Henderson Euro Microcap - HEU - investing in small Euroland companies with high growth potential

Perpetual Income & Growth Trust - PLI - invests in good divi paying UK companies, the trust has paid a good & rising dividend for the past 10 years

Henderson Far East Income Trust - HFE - exposure to China and the Far East & paying nearly a 5% dividend

City Merchants High Yield Trust - CHY - invests in corporate bonds, currently very oversold and yielding 7% dividend.

I find IT's much easier to buy & sell than Unit Trusts & their ability to borrow enhances returns.

I commend these investments to the house!!

TSQ.

cheers tsq,i`ll check it out thanks,dave.