Edinburgh Income and Value Trust, managed by Edinburgh Fund Managers, has announced that a second interim dividend of 2.4p has been declared and will be paid to shareholders on February 16, 2001. This follows a first interim dividend of 2.4p. The company intends to pay a total dividend of at least 9.6p for the year to May 31, 2001. Net asset value per ordinary share rose by 22.8 per cent to 114.79p over the six months to November 30, 2000.
View more on these topicsNews
Taxing affairs
Close Fund Management's FTSE Euro eTX fund is an Oeic that tracks the FTSE eTX Euro 50 index comprising 50 small to medium-sized European technology companies. Examining how the fund fits into the market, Parvaneh says: “There has been a gap for a pure Euro tech fund so far. This will fit very well.” Dilke-Wing […]
Portfolio planning
In this series of articles I would like to turn my attention first to the application of some fundamental aspects of portfolio planning, though with adva nced application, and then look at the features of the main types of asset class which may be used within the various investment strategies. Combining concepts and strategiesIt is […]
Clerical Medical – With Profits Bond
Friday, 19th January 2001.Aim: Growth and income by investing in Clerical Medical's with-profits fund.Minimum investment: £5,000.Bonus rates: 4.7 per cent.Allocation rates: 100 per cent.Charges: Annual 1.3 per cent.Commission: Either initial 5.25 per cent, initial 4.125 per cent renewal 0.25 per cent or initial 3 per cent renewal 0.5 per cent.Tel: 0800 779090.
Rewards on the cards
IFAs see a future for fund supermarkets working alongside face-to-face advice but they feel most UK consumers are not ready to plunge into the world of online investment on their own. Mellon Trust chief executive of fund administration Steve Blizzard recently des cribed the idea of a stand-alone supermarket as flawed, maintaining that face-to-face advice […]
Government toughens master trust regulation
The Government is introducing legislation in the Pension Schemes Bill to protect people saving for retirement through master trusts. This follows industry concerns on the risks to members of a master trust failing. In this article, we consider the changes being introduced, why they are needed and their likely effect. What are the changes? The […]
Newsletter
News and expert analysis straight to your inbox
Sign up
Phil Wickenden: The hard work others fear brings special results
You have to do hard things to be successful in life. The things no one else does. Why? Life coaches will tell you those are the things that define you; the things that make the difference between existing and living. This may well be true but if that does not float your boat, then American […]
LEBC: Women less likely to shop around for retirement income
Only a quarter of women are shopping around for their retirement income, according to national IFA LEBC. Customers of LEBC pension advice business The Retirement Adviser are far more likely to use its whole of market service to find the best retirement income solution if they are male. LEBC says the proportion of women using […]
The Wells Street Journal: Brexit Monopoly and teen dreams
A weekly account of the curious goings-on in the world of financial services A game of Brexit MonopolyLast week, in a foreign policy speech, Theresa May said Brexit negotiations were in their “endgame”. WSJ thinks this is highly unlikely, having heard that not even a quarter of European law has been rolled over yet. Wingate […]
Comments