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Merrill Lynch Investment Management – Commodities Income Investment Trust

Merrill Lynch Investment Management

Commodities Income Investment Trust

Type: Investment trust

Aim: Income and growth by investing in a global portfolio of mining and energy stocks

Minimum investment: Subject to negotiation with a stockbroker

Types of share: Ordinary

Investment split: 23% Canada, 17% Europe, 12% US, 11% Latin America, 11% South Africa, 10% Australia, 8% China, 5% Asia, 3% Russia

Isa link: Yes

Pep transfers: Yes

Charges: Annual 1.1%

Commission: None

Tel: 08457 405405


Hornby given top job at HBOS

HBOS has announced a top-level shake-up that will see chief operatingofficer Andy Hornby becoming chief executive later this year.Hornby will replace outgoing CEO James Crosby on July 31. Additionally,HBOS has poached Royal Bank of Scotland head of retail banking Benny Higginsto lead HBOS retail businesses.HBOS chairman Dennis Stevenson said: “James has had a major impact […]

Who are they kidding?

Once I stopped spluttering I could only quote Victor Meldrew – I don’t believe it. Here we have one of the most maladroit life companies, evidently suffering a lack of business as a result of their abysmal service and administration, asking their poor overworked and demoralised consul-tants to ring IFAs to tell them that commission […]


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