Investment trust ISA sales rise by more than a third

Sales of investment trust ISAs rose by more than a third in the last tax year, according to data published by the Association of Investment Trust Companies. Investment trust ISAs increased from £152.1m for the period 1999/2000 to £206.7m for the tax year 2000/1. AITC communications director Annabel Brodie Smith said: "It is very encouraging that there has been such a substantial increase in our year-on-year sales figures. I believe that this is due in part to the 'its' campaign and the hard work of the investment trusts and their managers in communicating the benefits of investment ...