Witan & Witan Pacific Investment Trusts ISA Offers - Free Share Dealing

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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..