Those who are sick of waiting four years for the election to come around, should consider the benefi...
Those who are sick of waiting four years for the election to come around, should consider the benefits of investment trusts according to the Association of Investment Trust Companies.
AITC communications director Annabel Brodie-Smith is using election fever to highlight the benefits of using investment trusts.
According to Brodie-Smith, says their structure gives investors many advantages that are denied to unit trusts and Oeics - and one of these advantages is the right to vote every year and attend the Annual General Meeting.
"Investment trusts are the true mutuals of the investment world. They are companies listed on the London Stock Exchange, so when you buy shares in an investment trust, you become a shareholder in that company. This gives you many privileges, including the right to vote and voice you concerns at the AGM, and have a say in the future of your company and how it is run," Brodie-Smith says.
Investment trusts are governed by independent boards of directors, whose legal responsibility is to shareholder value. They enjoy low charges, excellent long term performance, and allow investors to spread their investment risk in up to 50 or more companies.
"And from as little as £25 per month and £250 lump sum, you can have your say in how your company is run, whilst building up a substantial nest egg over the long-term."
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