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CUIM&#39s MHIT Trust attracts 80m

Commercial Union Investment Management has announced that its investment trust MHIT has raised £80m.


MHIT&#39s ordinary shares have a forecast yield of 10 per cent. It is the first investment trust to pay dividends on a monthly basis.


CUIM director David Keen says: &#34The successful launch of MHIT raising over £80m underlines the attractions of well designed and focused products serving both the institutional and retail markets within the investment trust sector.&#34

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