MIGO July 2024 - RTW Biotech, Uranium Stocks, PRS Reit & August Update

AVI’s Newsletter Podcast

MIGO's nav increased by 2.0% in July.

July proved to be a quiet month with global markets static. Nevertheless, there was some progress in investment trust share prices as the sector started to get to grips with the problems of oversupply. Our winners included R T W Biotech, Duke Capital (corporate mortgagees), Amedeo A4 (aircraft leasing) and Tufton Oceanic (shipping). These names highlight the extent of the diversification a holding in MYGO Opportunities Trust brings to a client portfolio.

View the July 2024 factsheet here

//About us:
Asset Value Investors (“AVI”) have been investing in Japan for three decades. AVI focuses on undervalued companies with resilient and growing earnings that investors overlook due to non-fundamental factors.

MIGO Opportunity Trust p.l.c is referred to as ‘MIGO’ throughout the channel. MIGO's investment managers, Asset Value Investors are referred to as ‘AVI’

//IMPORTANT INFORMATION
AVI is authorised and regulated by the Financial Conduct Authority of the United Kingdom (the "FCA") and is a registered investment adviser with the Securities and Exchange Commission of the United States. While AVI is registered with the SEC as an investment adviser, it does not comply with the Advisers Act with regard to its non-U.S. clients. This podcast does not constitute an offer to buy or sell shares in MIGO Opportunities (the "Trust"). The contents of this podcast are not intended to constitute, and should not be construed as, investment advice. Potential investors in the Trust should seek their own independent financial advice. AVI neither provides investment advice to, nor receives and transmits orders from, investors in the Fund.