F&C Investment Trust Isa waives initial charge

The F&C Investment Trust Isa remains available for no initial charge until the end of the month. The...

The F&C Investment Trust Isa remains available for no initial charge until the end of the month. The group is waiving the £50 plus VAT charge in a bid to encourage investors back into the market. Investors can hold any combination of up to four of F&C's 10 trusts within a maxi Isa wrapper or up to three within a mini Isa. The £25 plus VAT charge for Pep and Isa transfers is also being waived, meaning investors only pay a 0.2% dealing fee.