If you thought that BRSC was a knockout, then you haven't heard anything yet, for Henderson's Eurotrust (LSE:HNE) has an even better record.
I bought into this trust shortly after it launched in 1992, held it for a few months, and then sold it, simply because it wasn't moving quickly enough for me. In short, I could not see myself getting rich quick, with a fund such as this. Not that I can now see myself getting rich quick by any other means - doing so is almost impossible, I now think. What did I do with the money I took out? I can't remember. But I can guess. I put it into some AIM filth, which promised riches, but was little more than a management pension fund. (D'oh!) Had I stuck with HNE, every £1000 I put in would now be worth £26131! An annual compound rate of 14%. (Face/palm moment!)
The manager of this trust is on record (a video interview is available: Manager speaks!) as saying he does not think the fund's great historic performance can be repeated. And, almost certainly too, he will not be manager for another twenty-six years. But his modesty is encouraging. Had he said, "Well, yes, we can do it again. In fact, we can do even better. Gimme your money!" I would have almost certainly avoided him. But , as it is, he sounds as if he is the sort of manager I can trust. I have bought in, with a fairly modest stake, the markets being as high as they are, and will add on any major correction.
For: tremendous record; realistic and honourable manager.
Against: Could be hit if the EU falls apart. (I don't think this will happen: too many Southern Europeans are feeding off the German and Dutch taxpayers' teats.)
The comments here represent my own personal views, and readers should make up their own minds as to the wisdom (or otherwise) of what I suggest, and do their own research to ensure that the moves I recommend would be right for their own personal circumstances. I can take no responsibility for the subsequent performance of my recommendations, but ensure readers that I have do in fact have holdings in the shares and trusts I recommend.