Investment trusts may seem like an unexciting option for stock pickers looking for quick returns but they could make or break your portfolio when playing Telegraph Fantasy Fund Manager.
With just three months to make the highest return and win the £20,000 top prize, picking a handful of high-risk, potentially high reward, stocks might seem the best option. However, this has the potential to go disastrously wrong.
Adding one or two investment trusts will help balance your portfolio, will allow you to venture further afield from the FTSE 350, while not taking up too much of your £100,000 budget.
Telegraph Money has identified investment trusts that could help boost your returns, protect it if markets fall or do a little bit of each.
High risk, high reward
Laura Suter of fund shop AJ Bell, suggested those that want to to really try and boost their returns should choose a trust that invests in one specific area.
Worldwide Healthcare trust has a specific focus on healthcare stocks with a large allocation to American companies which make up two-thirds of the portfolio.
“The £2bn trust has benefitted from the rebound in healthcare stocks this year, with the share price up 16pc after dropping during the market falls,” she said.