BFS Investments has launched an Isa specialising in investment trusts especially the split capital variety.
The Isa provides a number of investment opportunities.
It can provide an investment wrapper for shares of four split capital funds managed by BFS. These are the Geared Income Investment Trust, BFS Income & Growth, BFS Overseas Income & Growth and BFS Small Companies Dividend Trust.
The second option allows investors to choose one of three packaged investment strategies. These strategies combine shares from various BFS trusts.
Thirdly BFS offers a managed portfolio of investment trusts shares from across the whole trust sector.
And finally there is a self-select option allowing investors to pick their own shares.
All four options carry 3 per cent initial commission and 0.5 per cent renewal.