Witan Investment Trust plc ("Witan" or the "Company") is an investment trust listed on the London Stock Exchange, which means that you can buy and sell its shares through any UK stockbroker as well as through its own dedicated savings schemes (see How to Invest). Witan's investment objective is to deliver long term growth in income and capital and Witan offers diversified exposure to global markets (principally equities) using an active multi-manager approach. That means that Witan typically uses around 10 different investment managers and the portfolio is diversified by geographical region, industrial sector and at the individual stock level. The blend of different active approaches and styles aims to deliver added value for shareholders while smoothing out the volatility normally associated with a single manager (see disclaimer).
Witan is an ‘alternative investment fund’ (“AIF”) for the purposes of the EU Alternative Investment Fund Managers Directive. This means that is has appointed a wholly-owned subsidiary, Witan Investment Services Limited (‘WIS’), which acts as the Alternative Investment Fund Manager and plan manager to the savings schemes, Wisdom and Jump. WIS is authorised and regulated by the United Kingdom Financial Conduct Authority as a ‘full scope UK AIFM’.
The ISA deadline for 2016/17 is 5 April 2017 but there is still time to benefit from Witan’s multi-manager approach for your ISA.
Click below to find out more about Witan for your ISA.