Although investment trusts have suffered at the hands of market sentiment recently, their ability to gear and invest in a wider range of products than unit trusts means they make a good option
Investment trusts are certainly having it tough. As if usurpation by their younger upstart, unit trusts, was not enough, the ongoing splits scandal has severely damaged public perception. Investment trusts are now viewed with a mixture of wariness and derision ' a dinosaur in a world of exciting new products like securitised derivatives and exchange traded funds. Investment trusts are the UK's oldest collective investment scheme. The first trust, set up by Foreign and Colonial in 1868, is still in operation today. However, they are now increasingly under pressure as demand for the...
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