Lincoln Unit Trust Managers is expanding its fund range with the launch of a new UK equity growth trust.
The Lincoln Opportunities Trust aims to invest in between 50 and 100 small and mid cap UK stocks. It is hoping the fund will benefit from what it sees as a potential upturn in the UK market over the coming year.
Like all but two of LUTM's 12 unit trusts, the Opportunities Trust is managed by Goldman Sachs Asset Management. Lincoln was the first provider to allow retail investors access to GSAM in the UK.