Bankers Trust

[Vince56]

I was thinking of topping up my holding of Bankers Trust, and just looked at it on Morningstar. The graph showing the NAV shows a sharp drop last Thursday to well below the share price, although the discount is stated as -6.76%. Hargreaves Lansdown shows the same, and the AIC website states a discount of -6.8% . Can anyone help me to understand this please?

[MrDoppleGanger]

I checked City Of London, Merchants, Mercantile and British Empire - all seem to show the same NAV 'drop'

Could it be some squiffy data? I'd think it unlikely they'd all remain unaffected by such a large NAV change.

DG

[grimer]

Were they all holding a large chunk of Royal Mail?

[Jon46]

http://www.londonstockexchange.com/exch ... XSTMM.html

Such ITs issue daily RNS on their NAV. That is the data to look at imho, ie 'the horse's mouth'. See example above.
Jon