Britannic is to change the name of its Gilt & Fixed Interest unit trust to the Corporate Bond fund l...
Britannic is to change the name of its Gilt & Fixed Interest unit trust to the Corporate Bond fund later this year, writes David Griffiths. The change is meant to better reflect the fund's underlying holdings and investment objectives. Francis Ghiloni, sales and marketing director at Britannic, said: 'At the moment although the fund does invest in gilts, they are only a tiny proportion of the portfolio. 'A number of intermediaries that we have spoken to have told us that they have not considered investing in the product because they saw the word gilt in the title.' The name change, ...
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