Which corner are you in?

Investment Adviser,  April, 2008  

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Byline: Helen Burggraf

The debate over which investment vehicle - unit trust of investment trust - is best rages on, but the investment trust may be edging ahead

When debating the merits of investment trusts versus unit trusts, certain facts are indisputable. First, investment trusts, which are closed-ended, generally outperform unit trusts and Oeics during good times, but do less well when, as recently, markets are volatile or falling. Second, nobody attempts to argue that unit trusts are not more popular among retail investors, in part because IFAs tend to recommend them ...

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