Five investment trusts to watch for 2024

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Category: INVESTMENT IDEAS 2024

HL’s experts have picked five investment trusts for investors to watch in 2024 and beyond.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Emma Wall, Head of Investment Analysis and Research

2024 is not going to be a year of rapid or sustained economic growth. Market consensus in recent weeks seems to have shrugged off recession fears and is pricing in a goldilocks scenario, where central bankers cut interest rates but not because they are forced to by an economic hard landing. We aren’t quite as optimistic, and our five trusts to watch for 2024 have a cautious tone.

But that shouldn’t stop you investing – while volatility is likely to continue through 2024, on a long-term view this could be a great opportunity to pick up reasonably-priced stocks with international revenues, attractive dividends, good dividend cover and robust balance sheets.

The experts on our investment research team have picked five investment trusts to watch for 2024 and beyond.

Investing in these trusts isn’t right for everyone. Investors should only invest if the trust’s objectives are aligned with their own, and there’s a specific need for the type of investment