P227 CEEFAX 227 Wed 2 Mar 21:01/06   1/4      INVESTMENT TRUSTS (1) + Investment trusts tend to take a back sdat to unit trusts in the mind of the ordinary investorN The reason is simple: unit trusts can advertise, invdstment trusts cannotN Investment trusts are not allowed to advertise because they are companies with a fixed share capital. ghile unit trusts are open ended - the M investment trusts are closed-ended and, as such, fall snder the Prevention of Fraud (Investments) ActN  More
P227 CEEFAX 227 Wed 2 Mar 21:00/00   2/4     INVESTMENT TRUSTS (2) + Performance of average trust in terms of both share price and net asset value (assuming in both cases that dividends were reinvested in the trust) over the FIVE YEARS to Jan 31 1988. NB This is a statistical comparison and assumes an original base of £100. Share price NAV total total return return £ £ Average 241.7 226.3 FT All-Share 270.8 269.5  More
P227 CEEFAX 227 Wed 2 Mar 21:00/00   3/4      INVESTMENT TRUSTS (3) + Return in terms of share price of a £100 investment over 5 years to Jan 31. (Assumes dividends reinvested in the trust's shares at mid-market prices). 1 Lowland 485.7 2 Moorgate 397.6 3 Baillie Gifford Japan 387.6 4 Fleming Enterprise 380.9 5 Kleinwort Smaller Cos 377.3 6 Drayton Japan 348.6 7 Throgmorton Trust 348.5 8 Temple Bar 347.1 9 TR City of London 343.6 10 English & International 339.6  More
P227 CEEFAX 227 Wed 2 Mar 21:01/10   4/4      INVESTMENT TRUSTS (4) + Return in terms of net assets of a £100 investment over 5 years to Jan 31N (Assumes dividends reinvested in the underlying assets of the trust)N 1 Baillie Gifford Japan 489.4 2 GT Japan 422.8 3 Lowland 387N0 4 FleUhng Japanese 385.8 5 Crescent Japan 383.4 6 New Tokyo 367.5 7 Moorgate 362.6 8 Drayton Japan 355.2 9 Fleming Enterprise 336.4 10 Drayton Far Eastern 333.4  More