The Association of Investment Companies (AIC) will now provide dividend history information for each of its members to help investors understand whether a trust's dividend was paid from income or capital profits.
This comes as an increasing number of investment trusts have started to pay dividends from capital profits since a change in tax rules in 2012 allowing them to do so. This method has become more popular,...
To aid regulatory reporting
Has run Cautious Managed fund since 2011
Expected in next few weeks