Lincoln Unit Trust Managers has launched its first Corporate Bond unit trust to be managed by Goldma...
Lincoln Unit Trust Managers has launched its first Corporate Bond unit trust to be managed by Goldman Sachs Asset Management International (GSAM). The product is designed to provide a regular income, but this can be reinvested. It is available through an Isa and offers an income yield of 7.11% and has a a gross redemption yield of 6.30%. Until 30 April, Lincoln is offering lump sum investors a discount of 4.75%, making the initial charge 0.25%. The minimum lump sum investment is £500 and regular savers can invest a minimum of £50 per month. Commission for IFAs is 3% with 0.5...
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