Small-cap boutique Montanaro is offering seed investors the opportunity to allocate to its Equity Income fund at a zero management fee until it reaches £100m in size.
From fee reductions and discount management, to more board scrutiny. Jeremy Beckwith, director of manager research at Morningstar, analyses the changing story behind investment trusts in 2014.
The sell-off in UK smaller companies has created a far more attractive hunting ground for income seekers than that offered by larger companies, according to Charles Montanaro.