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Investment Trusts
Investment Trusts are companies that invest in the shares of other companies on behalf of investors. Investor's money is taken and pooled together by a professional fund manager who will then purchase stocks and shares in a wide variety of companies.
There are similarities between Investment Trusts and Unit Trusts, however one important difference is that an Investment Trust Manager is legally allowed to borrow capital to purchase shares. This means that the potential return increases along with potential risk.
| Five Key Benefits of Investment Trusts with Halifax Share Dealing |
| 1. Professional Fund managers can invest in many more shares than most people could practically invest themselves. |
| 2. Investment trusts are designed as a long term investment. If shareholders sell their shares, the shares will be bought by other investors within the stock exchange. |
| 3. A board of directors form an independent group which monitors the activity of the investment trust. They objectively review the costs and performance of each trust. |
| 4. Any transactions by the Investment Manager within the investment trust are exempt from Capital Gains Tax. However you (the investor) could be liable to pay tax if you make a gain and reached the CGT thresh-hold. |
| 5. Once your Halifax Share Dealing Account is opened, track the performance of your Investment Trust by using our new Market Information Centre. |
Opening Your Account
Your Halifax Share Dealing Account can be opened with a £100 initial deposit. This can then be invested into any eligible investment of your choice.
Transfer from your current provider- Find out more about how to transfer from your existing provider to a Halifax Share Dealing!
Next Steps
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Apply online for an account - it only takes a few minutes |
Telephone our UK based call centre on 08457 22 55 25* to find out more today (lines are open 8am - 9.15pm Monday to Friday and 9am -1pm Saturday excluding English Bank Holidays.)
Please remember the value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested. If you're in any doubt about the suitability of any of our products, or whether to buy or sell shares, you should consult an appropriate Financial Adviser.
Click here to view our Regulatory Information
Calls from BT landlines to 0845 numbers will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. Call price correct as of 28th October 2008.
