Witan Investment Services confirms it will be offering investors free share dealing (usually 1%) on all new lump sum ISA investments into Witan and Witan Pacific Investment Trusts. This offer will be available from 12 January until 5 April 2010. The only charge levied during this period is the mandatory 0.5% Government Stamp Duty.*
With ISA investment levels having increased for those over the age of 50 (October 2009) from the existing level of £7,200 to £10,200, ISAs make an ever attractive investment vehicle for those looking for exposure to equities whilst seeking to mitigate their tax liabilities. Investing in Witan Investment Trust or Witan Pacific Investment Trust during the free share dealing period allows investors to enjoy savings equating to £102 for those over 50 and investing the full £10,200 maxi ISA allowance, or £72 for those under 50 and investing the full £7,200 maxi ISA allowance.
Investors into both Witan, the £1.1bn global growth investment trust and Witan Pacific, the £132m Asia-Pacific (inc Japan) investment trust benefit from the Trusts’ multi-manager structures. This best-of-breed approach offers the potential for consistent long-term returns whilst minimising risk through the use of complementary geographical and sector stock picking techniques. Furthermore, with TERs of 0.71% and 0.9% respectively Witan and Witan Pacific offer cost-effective means of accessing markets from around the world.
One of the oldest and largest global investment trusts, Witan gives investors access to a portfolio of managers, cherry-picked from around the world. With its reputation for longer term growth the Trust makes an ideal choice as a core holding within a balanced investment portfolio.
Witan Pacific Investment Trust employs the complementary investment strategies of managers Aberdeen Asset Management and Nomura Asset Management aimed at minimising volatility and enhancing overall returns to shareholders against its benchmark. The Trust invests on a whole of Asia including Japan basis providing a practical solution for investors seeking to outsource asset allocation decisions across all Asian markets.
Investors seeking further information on Witan or Witan Pacific Investment Trusts should call 0800 082 81 80 or visit www.witan.com.
- ENDS -
| James Frost | Eleanor Mitchell / Hugo Mortimer-Harvey | |
| Marketing Director | Quill PR | |
| Witan Investment Trust plc | Tel: 020 7758 2240/ 2234 | |
| Tel: 020 7227 9773 | eleanor@quillpr.com | |
| james.frost@witan.co.uk | hugo@quillpr.com |
NOTES TO EDITORS
*This offer applies to lump sum postal and telephone investments only – online investments will incur the normal flat £15 transaction fee. Completed postal and telephone applications must be received by close of business on Thursday 1st April 2010.
Witan Investment Trust plc
Established in 1909, Witan is one of the UK’s largest investment trusts, managing some £1.1bn (as at 30.11.09, source AIC) on behalf of some 40,000 investors. Witan is listed in the ‘Global Growth’ sector.
Witan Investment Services Limited is a wholly owned subsidiary of Witan Investment Trust plc.
Registered as an Investment Company in England No 101625..
Please remember that past performance is not a guide to future performance. Witan Investment Trust and Witan Pacific Investment Trust are equity investments. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuations and you may not get back the amount originally invested.
Issued and approved by Witan Investment Services Limited. Witan Investment Services Limited is registered in England no. 5272533 of 14 Queen Anne’s Gate, London , SW1H 9AA. The VAT registration number for Witan Investment Services Limited is 863 5738 89. Witan Investment Services Limited provides investment products and services and is authorised and regulated by the Financial Services Authority. We may record telephone calls for our mutual protection and to improve customer service.
