An investment trust is a company which exists to invest in the shares of other companies, and thereby create attractive returns for its own shareholders.

These shares are selected by a professional manager, so your risk is spread across many different holdings.

You benefit from the expertise of a manager with many years experience in the field.

The price of the Trust’s shares is available every minute during the working day.

The Trust has an independent board, who oversee the fund manager’s activities on behalf of investors.

The Trust borrows money to increase its investment exposure – known as ‘gearing’. That gives the potential for better growth, but with more risk. Click 'Discounts & Premiums' for more details.

Investment Trusts also differ from unit trusts or OEICs in having ‘discounts’ and ‘premiums’. Click 'Discounts & Premiums' for more details.