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Aberdeen Asset Managers – Danae Investment Trust

Tuesday, 28th November 2000.



Type: Split capital investment trust.

Aim: Growth and income by investing in high yielding investment trusts, high yielding debt and equities.

Minimum investment: Negotiable with stockbrokers. Isas – lump sum £1,000, monthly £50. Pep transfers lump sum £1,000

Maximum investment: No maximum.

Investment split: Investment trusts and debt 35 per cent, equities 65 per cent.

Types of share: Capital, income and zero dividend preference.

Isa link: Yes.

Pep transfers: Yes.

Redemption date: May 31, 2007.

Charges: Annual 0.8 per cent.

Commission: Initial – income shares 2 per cent, zero dividend preference shares 1 per cent.

Tel: 020 7463 6327.

 

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