Dresdner RCM has launched an Isa offering investors the opportunity to drip-feed their allowance int...
Dresdner RCM has launched an Isa offering investors the opportunity to drip-feed their allowance into equities over the course of 12 months.
The product initially invests client assets in the company's AA-rated Gilt Yield Trust before gradually switching to equities over the course of the year, when the investment environment for equities picks up.
The Dresdner RCM Gilt-to-Equity Isa offers investors a choice of two equity funds. Those who are looking for long-term growth can pick the Dresdner RCM UK Equity fund while those seeking regular income and long-term growth will be pointed towards the Dresdner RCM UK Equity Income Trust.
The Isa carries an up-front charge of 3%, all of which is available to intermediaries as commission.
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