Johnson Fry split cap offer

By James Thorneley Johnson Fry will offer commission on the purchase of the shares on its third split capital investment trust during the group's offer period. The shares of Johnson Fry Income & Growth trust, managed by Alan Kerr, is expected to yield around 9%. The portfolio will invest in UK equities, of which 30% will be invested the same stocks as held in the frAA-rated Johnson Fry UK Growth unit trust. The remainder will be in a mixture of ordinary and income shares from split capital trusts and also is corporate bonds. The Growth unit trust is ranked 42 out of 226 in the Microp...