01: Introduction

Investment trusts and investment companies can provide an excellent way to achieve a diversified portfolio of shares within one simple investment. In this respect, investment trusts/companies resemble unit trusts or OEICs. But there are some important differences. General investment trusts have a history stretching back into the 19th century, but they are thoroughly modern investments and have a number of valuable uses for investors. Investment companies have become more common in recent years and are usually based offshore.

Remember that investment trusts and most investment companies are equity-based investments whose value can go down as well as up and that past performance is not a guide to future performance. You should bear in mind that tax rules can change. The FSA does not regulate tax advice.Last Updated