Not having to worry about potential inflows and outflows of money means investment trusts, unlike open-ended funds, can take a long-term view on investments. This works well in Isas as their tax efficiency makes them a good wrapper in which to build up investments over the long term.
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