Portfolio update: Two buys and one short-term trade
Jamie Ross, Fund Manager of Henderson EuroTrust, explains why he bought two new companies for the portfolio and sold a relatively recent position.
Cycle: Business cycles are the rise and fall in production output of goods and services in an economy. The stages in the business cycle include expansion, peak, recession or contraction, depression, trough, and recovery.
IPO: Initial public offering; when shares in a private company are offered to the public for the first time.
These are the views of the author at the time of publication and may differ from the views of other individuals/teams at Janus Henderson Investors. Any securities, funds, sectors and indices mentioned within this article do not constitute or form part of any offer or solicitation to buy or sell them.
Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
The information in this article does not qualify as an investment recommendation.