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BWD Rensburg launches UK unit trust

BWD Rensburg Unit Trust Managers are launching a unit trust specialising in middle sized UK companies.


The BWD UK Mid-Cap Growth Unit Trust will invest in stocks of companies listed on the FTSE 250 index. These typically have market capitalisations of around £200m to £3bn.


The investment selection process will concentrate on long term investment themes of healthcare and information technology.


The trust has a 4.5 per cnet initial charge and a 1.5 per cent annual management charge.


IFA commission is payable at 3 per cent initial and 0.5 per cent renewal.

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