P227 CEEFAX 227 Fri 6 Oct 19:10/05   1/4     INVESTMENT TRUSTS (1) seat to unit trusts in the mind of the ordinary investor The reason is simple: unit trusts can advertise, investment trusts cannot. Investment trusts are not allowed to advertise because they are companies with a fixed share capital. khile unit trusts are open-ended - the managers can create extra unids at will investment trusts are closed-ended the Financial Services Act.  More MarketABC MoneyFile UT Choice Home+Away
P227 CEEFAX 227 Fri 6 Oct 19:20/11   1/4     INVESTMENT TRUSTS (1) + Investment trusts tend to take a back seat to unit trusts in the mind of the ordinary investorN The reason is sImple: unit trusts can advertise, investment trusts cannot. Investment trusts are not allowed to advertise because they are companies with a fixed share capital. khile unit trusts are open-ended - the managers can create extra units at will M investment trusts are closed-ended and, as such, fall under the scope of the Financial Services Act.  More MarketABC MoneyFile UT Choice Home+Away
P227 CEEFAX 227 Fri 6 Oct 19:21/11   2/4     INVESTMENT TRUSTS (2) + Performance of average trust in terms of share price total return, adjusted to include net reinvested income, over the FIVE YEARS to June 30 1989: £ Average 278.2 FT All-Share 262.3 NB This is a statistical comparison and assumes an original base of £100.  More MarketABC MoneyFile UT Choice Home+Away
P227 CEEFAX 227 Fri 6 Oct 19:21/11   3/4     INVESTMENT TRUSTS (3) + Return in terms of share price of a £100 investment over 5 years to Jun 30. (Assumes dividends reinvested in the trust's shares at mid-market prices). 1 Capital Gearing 988.7 2 New Throgmorton cap 452.2 3 English National 446.9 4 Drayton Far Eastern 435.4 5 Moorgate 395.0 6 New Throgmorton inc 388.3 7 Trust of Property Shares 385.2 8 Kleinwort Smaller Cos 358.8 9 Electra 357.9 10 Govett Oriental 352.6  More MarketABC MoneyFile UT Choice Home+Away
P227 CEEFAX 227 Fri 6 Oct 19:00/25   3/4    $-, $  INVESTMENT TRUSTS (3) £100 investment over 5 years to Jun 30 (Ass5Zfs davhdends reinvested in the trust's shares at mid-market prIces). 1 Capital Gearing 988.7 2 New Throgmorton cap 452.2 3 English National 446.9 4 Draydon Far A—stern 435.4 5 Moorgate 395.0 6 New ThrogDnrton inc 388.3 7 Trust of Pro0drty Shares 385.2 8 Kleinwort Smaller Cos 358.8 9 Electra 357.9 10 Govett Oriental 352.6  More MarketABC MoneyFile UT Choice Home+Away
P227 CEEFAX 227 Fri 6 Oct 19:21/11   4/4     INVESTMENT TRUSTS (4) + Return in terms of net !rrfts of a £100 investment over 5 years to Jun 30. (Assumes dividends reinvested in the underlying assets of the trust). 1 Fundinvest inc 453.1 2 Drayton Far Eastern 403.1 3 English National 393.8 4 New Throgmorton cap 393.3 5 Triplevest inc 359.3 6 Consolidated Venture 356.0 7 Lowland 344.2 8 Moorgate 331.2 9 Govett Oriental 324.6 10 Fleming Japanese 319.0  More MarketABC MoneyFile UT Choice Home+Away