Top 10 investment trusts to buy Investors looking for dependable returns should think about turning to investment trusts, writes Emma Wall. Of the 25 largest investment companies, 22 have outperformed their relevant benchmark over the past decade, according to investment bank Canaccord Genuity. Fans of investment trusts often tout the lack of initial charges and lower annual management fees compared with unit trusts, as well as having independent boards to scrutinise the manager's performance. For those new to investment trusts, or investors who wish to restructure their portfolio, we examine 10 core holdings recommended by the experts. BH Macro The annualised shareholder return in the five years since launch is 15.3pc, significantly higher than the compound 2.9pc and 3.1pc recorded by the FTSE All Share and FTSE Equity Investment Instruments over the same period. After a lacklustre 2010, the trust's net asset value (NAV) increased by 12.3pc last year. Alan Brierley of Canaccord said: "We introduced BH Macro into our core portfolio at the start of 2008. We believe the company has a key role to play in improving portfolio quality and diversification. In addition to its strategic value, as evidenced last summer, given an inverse correlation between its fortunes and those of quoted equities, it has undoubted tactical value for investors looking to reduce risk profiles in more challenging markets.