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F&C Trusts Schedule Merger

The boards of F&C Income Growth Investment Trust and F&C Capital and Income Investment Trust have agreed on timing for their merger proposals.

The scheduled effective date of the merger is May 5, 2005. The merger will be effected by means of a scheme of arrangement of FIGIT, and will be conditional on the approval of FIGIT shareholders.


Positive outlook for Insight

Insight is planning a new multi-manager absolute return fund which aims to provide a positive return under all market conditions.


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