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Investing

The investment trusts hunting for UK mid-caps

If you are feeling optimistic about UK companies now that interest rates appear to have peaked, the FTSE 250 is a natural place to hunt for opportunities. It is trading on a cheap price/earnings (PE) ratio of 10.8 times forecast earnings for the next year, pretty much the same as the FTSE 100.In good times, mid-caps can be an attractive sweet spot, less volatile than small-caps, with more potential for growth than large-caps. They rallied hard at the end of 2023, but still have a lot of underperformance to make up for,...
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