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Poor performance of VCTs a myth, say stockbrokers.

Stockbrokers Charles Stanley claims that the widely held view that the overall performance of VCTs is poor is a myth.

In a new VCT handbook the stockbrokers says that with enhanced tax rebates there is a strong case for resubscribing to the trusts. It advises investors to diversify their portfolios of VCTs by subscribing for different trusts to obtain a more even flow of income and spread of management styles.

The handbook has been written by Robert Corden a smaller companies analyst.


Morgan Stanley – FTSE Protected Growth Plan 7

Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £5,000-no maximum, Isa £3,000-£7,000 Term: Six years Return: 30% of original investment at end of three years if index rises by at least 30%, otherwise 120% growth in index at end of term Guarantee: Original capital returned in […]

Close bears fruit from Berry

The Close Finsbury multiasset portfolio is an Oeic fund of funds that aims for growth by investing in a range of asset classes including equities, bonds, property and hedge funds. In keeping with Close Finsbury&#39s policy of outsourcing, the fund will be managed by Berry Asset Management. Berry was chosen because it has managed multi-asset […]

Brain says lenders not ready to share their data

Many lenders are not ready to share data and engage in product verification in the lead-up to M-Day, leaving sourcing systems short of information. Mortgage sourcing and e-trading company Mortgage Brain says only 62 lenders have committed to verifying data and only 40 per cent of the 155 lenders in the market have said they […]

AITC wants off-the-page watchdog

The AITC has called for an expansion of the Financial Ombudsman&#39s remit to cover off the page buyers of investment trusts. Currently the Ombudsman covers investors who bought investment trust shares through fund manager&#39s own savings plan schemes or on the advice of a broker. Daniel Godfrey, director general of the AITC, believes those direct […]


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