F&C is looking to launch an investment trust, offering investors exposure to two share classes. ...
F&C is looking to launch an investment trust, offering investors exposure to two share classes. F&C Managed Portfolio Trust will be run by Edinburgh-based Peter Hewitt and will focus on growth and income. The two separate portfolios will comprise 25 holdings in each, the majority of which in equities. Net income generated by the underlying growth portfolio will be transferred to the income portfolio in exchange for capital contribution of a similar amount. As a result, this structure will enhance yield distributions for income investors and capital returns for growth. Investors also...
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