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Investment trust Isa business is booming

Sales of investment trust Isas and saving schemes have almost doubled in

the past year.

Figures, released by the AITC last week, show total purchases of £192m in

the first three months of this year compared with £100m in the same period

last year.

The figures are a boost to the AITC&#39s “its” campaign, which was launched

last year to promote interest in investment trusts, and recently launched a

national television advertising campaign.

AITC director Daniel Godfrey says: “These figures indicate that the

investment trust industry is succeeding in the rapid development of retail

demand for investment trusts. In addition, the introduction of Isas and

the excellent performance of investment trusts over the last year have

contributed to investment trusts&#39 increased popularity.”

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