AIB Govett further Oeic conversions

AIB Govett is to convert six of its unit trusts into sub-funds of an Oeic, writes James Thorneley. F...

AIB Govett is to convert six of its unit trusts into sub-funds of an Oeic, writes James Thorneley. Four of the unit trusts are part of the group's mainstream equity range of funds; UK Equity General, European General, American General and Govett General. The remaining two are Govett Corporate Bond and Asia Pacific. The six will be part of AIB Govett's General Funds Oeic. The UK fund will be rebranded as Blue Chip as will the respective European and US funds. Japan General will now be known as Japanese Opportunities indicating that there may be a change in the investment remit of the £7m f...