Q2 investment trust sales boom

Professional Adviser
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Retail investors came back to the investment trust sector in big numbers during the second quarter o...

Retail investors came back to the investment trust sector in big numbers during the second quarter of this year, the Association of Investment Trust Companies says. Compared to first quarter figures, savings scheme purchases soared 28% to £46.6m, while investment trust ISA sales gained 33% to £21.6m. Of note is that investors overwhelmingly favoured Global and UK Growth funds. Global Growth accounted for 38.2% of all ISA purchases in the second quarter, and accounted for 42.3% of all savings scheme purchases. These figures contrast with those released earlier thi...

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