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.