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15 Jul 2019 14:23
Seneca Global Income & Growth - Update research from QuotedData
15th July 2019
Going for gold!
Seneca Global Income & Growth Trust's (SIGT's) manager, Seneca Investment Managers (Seneca IM), has continued to reduce SIGT's equity weighting, in advance of a global recession it now expects in late 2020/ early 2021. Consistent with its view, SIGT has made its first allocation into gold (through a gold exchange traded fund (ETF) and a fund of gold mining companies).
Full research:
https://quoteddata.com/research/seneca-global-income-growth-trust-gold-2/
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Marten & Co was paid to produce this note on Seneca Global Income & Growth 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 the 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 FCA. 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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