This fund is well equipped to ride out Trump's tariff storm
Questor is The Telegraph's stockpicking column, helping you decode the markets and offering insights on where to invest.
In times of turmoil, there is a natural tendency to sit on your hands.
However, Questor feels that investors looking for a globally diversified trust – with a longstanding underweight exposure to expensive US shares – and offering decent dividends, should have a look at £1.5bn Murray International.
Murray International aims to produce an above-average and growing income. The portfolio is built from the bottom up, with a focus on good-quality companies trading on attractive valuations.
There is no attempt to manage risk relative to an index benchmark, hence the managers Martin Connaghan and Samantha Fitzpatrick felt comfortable having just a third of the portfolio in North America at the end of February, less than half its weighting in the MSCI All Countries World Index.
It is also notable that the trust has no exposure to the Magnificent Seven. The investment approach has been in place for a long time and, therefore, we are able to see how it has performed in different market conditions.
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