Buying investment trusts can be a fantastic way to improve portfolio diversification. In one fell swoop, they provide exposure to dozens (or even hundreds) of holdings across geographies and sectors. The good news is that there are lots of them in the FTSE 250.
Here are three from the mid-cap index that I think are worth digging into.
USA
The first is Allianz Technology Trust (LSE: ATT), which “offers investors access to the fast moving world of technology, the single greatest contributor to global growth.”
The top holdings are unlikely to shock anyone, comprising the likes of Microsoft, Apple, Amazon, and chipmaker Nvidia. While these all have commanding competitive positions, they also relentlessly invest for future growth. So there’s nothing stopping them from becoming even larger.
One thing I like here is the management team’s close proximity to Silicon Valley, where many of the world’s…
