Royal London is renaming several of its unit trust funds from next month, as part of its move to turn the unit trust fund range shift to COLL regulated funds.
From August 1st, several of the fund names are being changed to reflect the fact its content does also include capital growth as well as income. The Royal London income trust will be known as the Royal London corporate bond fund while the UK fixed interest trust is renamed the Royal London UK government bond trust and the Scottish Life European Trust is to be relabelled the Royal London European growth and income trust. The Royal London fixed income and cash unit trusts, along with the Scottish Life European Trust, will be converted to COLL on 1 August 2006. Notification was sent to unit...
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