Funds Fan: tax attack on Scottish Mortgage, and tech share tips
8th October 2021 08:50
by Kyle Caldwell from interactive investor
In the latest Funds Fan episode, the team argue against a call from campaign group Tax Justice UK for several UK companies, including Scottish Mortgage (LSE:SMT), to pay a Covid surcharge tax on “excess profits” made during the pandemic. The team also discuss how to avoid potential closet tracker funds, and the high demand for investment trusts this year.
Later, Timothy Woodhouse, manager of JPMorgan Global Growth & Income (LSE:JGGI) trust, explains why the trust is favouring Europe. He also gives his views on the US tech giants; detailing why Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) are the trust’s top three holdings, and why he is not currently favouring Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB).
At the end of the podcast, our Fund Spotlight feature focuses on Fundsmith Sustainable Equity, which is on our ACE 40 ethical list.
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