Splits provider BFS Investments is updating its website two months after becoming the first manageme...
Splits provider BFS Investments is updating its website two months after becoming the first management group to provide online disclosure of cross shareholdings in its split capital trusts.
The most recent change to the website at www.bfsforifas.co.uk, in response to intermediary needs, has seen the group improve the manoeuvrability through its different trusts and managed strategies.
It has also added to its split capital trust disclosure on the website by providing further details of holdings and a monthly breakdown of income shares by exposure to other splits. It has made the daily data for prices, hurdle rates and covers easier to look through. The data can be viewed for all managed trusts together or individually via the selected trust.
In December, BFS was the first group to go live on its website with details of its cross holdings in each of its 10 split cap trusts, following the AITC initiative to increase disclosure and transparency in the splits sector.
Fact sheets are also available online for BFS' managed strategies, detailing a breakdown of a portfolio's holdings so intermediaries can see where an investor's money could be invested.
Nigel Sidebottom, director of retail products at BFS, said: 'We are encouraging intermediaries to give us feedback on any other features they would find useful.'
Went into administration April 2018
Threat of legal action looms over Woodford IM
View from the front row
Retirement Planner Forum 2019