Investment trusts show a wider range of TERs

By Maryum Malik Research by Investment Week's parent company City Financial Communications into TERs has found a far broader range between investment trusts than unit trusts. The group has TER directories for both types of investment vehicles and based its conclusions upon a comparison of the two. In all City Financial has analysed 770 equity unit trusts against 213 investment trusts (see tables one and two). Despite the difference in numbers analysed, investment trusts displayed a number of similarities to unit trusts. Namely, that as the asset size increases, the TER consequently dec...