Exeter Zero Preference unit trust has grown in size by £10m over the summer months despite the incre...
Exeter Zero Preference unit trust has grown in size by £10m over the summer months despite the increase in the number of similar funds in the market Recently Investec Guinness Flight and Neville James have launched funds investing in zero-dividend preference shares and BFS launched a split capital trust with underlying portfolio consisting solely of the share class. The £120m Exeter fund was launched in 1991 and has seen its assets grow by around £40m in the year to date David Crouchen, managing director of Exeter Unit Trusts, said: "The increase in the number of funds investing in zeros ...
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