Dan Coatsworth and Laith Khalaf bring you a bonus edition of the AJ Bell Money & Markets podcast, all about investment trusts.

The pair answer your questions about trusts and talk to a range of experts about fascinating things happening on the market.

Dan chats to Muzo Kayacan and David Barron from BlackRock American Income about the investment trust’s shift to using AI to help find opportunities on the market.

Martin Gamble talks to Mark Boggett from Seraphim Space about why this investment trust is an alternative way to play the defence sector. Martin also debates Bill Ackman’s Pershing Square Holdings with Shares magazine’s Tom Sieber.

Finally, we’ve got Simon Barnard on the show to talk about Smithson, the small cap little sister to Fundsmith Equity Fund. Simon talks about narrowing the focus of the trust and why he doesn’t believe having half the portfolio in the US is a currently a problem.