Annual Overview from QuotedData

Summary by AI ^BETAClose X

Rights and Issues Investment Trust (RIII) is currently navigating significant headwinds, including a lacklustre UK economy, budget uncertainty, and investor indifference, further complicated by a large shareholder reportedly frustrating board initiatives. These challenges have resulted in a widening of RIII's discount to net asset value, contributing to its position among the worst-performing UK small-cap trusts over the past 12 months. Despite these pressures, the trust and its underlying portfolio are assessed as looking cheap relative to both peers and historical valuations, indicating a potential for dramatic upside if market conditions or internal issues improve.

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Rights and Issues Inv. Trust PLC

06 November 2025

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Rights and Issues Investment Trust - Annual overview from QuotedData

6 November 2025

Looking oversold

Rights and Issues Investment Trust (RIII) is battling a number of headwinds. UK small caps face a lacklustre UK economy, a looming budget that is creating market uncertainty, and seemingly indifferent domestic and international investors. To this we can add a large shareholder who appears to be actively frustrating efforts by RIII's board to improve the lot of investors. This has led to a widening of RIII's discount, which makes it amongst the worst-performing of all UK small-cap trusts over the past 12 months.

The upshot of this is that RIII looks cheap relative to peers and its history, and so does its portfolio. The upside, if things turn around, could be dramatic.

Full Research:

https://quoteddata.com/research/rights-and-issues-investment-trust-looking-oversold-qd/

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