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What are investment trusts?
Investment trusts (also called ‘investment companies’ or ‘companies’) are like other public-quoted or listed companies such as Shell or Glaxo, but instead of managing oil or pharmaceuticals they manage investments on behalf of their shareholders. These investments can span a broad range of financial assets, such as equities or bonds, and physical assets such as property. Whatever the type of investment, the idea is that investors gain exposure to a balanced portfolio of assets which is professionally run.
This form of ‘collective fund’ has proved a popular way for investors to invest their savings. Trusts have been around for a long time. The first, Foreign & Colonial, was established in 1868. Today there are over ...
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