Funds & ETFs 

High yield investment trusts

High yield investment trusts

Earlier this year activist hedge fund Laxey Partners lobbied the UK's largest investment trust, Alliance Trust, to increase its dividends by dipping into its capital profits as well as its revenue (read more on this). Although Laxey's proposals on Alliance Trust were defeated at the annual general meeting (AGM) last month, the prospect of other investment trusts boosting dividends by dipping into their capital is a possibility following a legal change that came into effect on 6 April.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now