Britannia Asset Management has reintroduced its share exchange scheme through intermediaries, writ...
Britannia Asset Management has reintroduced its share exchange scheme through intermediaries, writes James Thorneley. The group will swap investors' UK equities, fixed interest stocks and any unit trust holdings they may have for reinvestment into one or more of Britannia's unit trusts or Isas. Intermediary commission will be paid out of the proceeds of sale with the net proceeds reinvested at the next valuation point. The current level of the commission is 0.5%, subject to a minimum of £10 and a maximum of £50 for each line of stock. The minimum acceptable value of each individual se...
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