F&C's Investors Capital set to deliver rollover record.

Investment Adviser, February, 2007

F&C has announced its rollover vehicle for the Investors Capital trust is to draw 62 per cent of existing investors' funds, making it the most popular rollover on record.

The new trust, which will also be called Investors Capital, will go live on 28 February, in order to receive capital from the existing company that winds up at the end of the month.

The new Investors Capital trust, which will continue to be managed by Rodger McNair, will have total assets of around AGBP174m.

The portfolio will be invested in UK equities and in higher yielding assets such as corporate bonds, with the initial allocation of the assets 80 per cent to 20 per cent in favour of equities.

The new company will have two classes of share - "A" and "B" -...

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