Money Makers

UPDATE (Nov 2026): In early 2026, Chrysalis shareholders voted in favour of a three-year wind-down process. The trust has become a self-managed vehicle following the subsequent departure of Richard Watts and Nick Williamson. The trust returned +4.9% in the year to September 2024, +21.5% to September 2025, and -22.0% in the six months to March 2026. CHRY made its first compulsory redemption of £25m (approx 4% of its shares) in September 2026 after selling its stake in Klarna. Its September NAV per share was 133.5p, 0.3% lower than March's 133.9p, although the portfolio has become increasingly c...