The second quarter saw renewed interest by investors in investment trust Isas. According to AITC f...
The second quarter saw renewed interest by investors in investment trust Isas. According to AITC figures, sales for the period April to June came in at £66.41m, compared with £56.8m for the first quarter, a rise of 17%. In year-on-year terms, Isa purchases during the second quarter were down 4% from £69.11m during the same period in 2000. This compares with the latest figures from Autif, which show that gross unit trust Isa purchases were up 2% in the second quarter of 2001 compared to January to April. However, year-on-year gross fund sales have fared worse, dropping 22% from April t...
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