Investment Trusts Explained |
Contents
Preface to the First Edition vii | 1 |
The Spirit of Adventure | 14 |
The cost of management The cost of the alternatives Where | 28 |
Copyright | |
8 other sections not shown
Common terms and phrases
asset value Association of Investment balance sheet basic bear market borrow capital gains tax changes Chapter Companies Act 1981 company law company's corporation tax cost de-gearing debenture debenture stock directors discount distribution dividend effect exchange controls Finance Act Finance Act 1965 fixed-interest formed funds gearing growth holders holdings increase Index individual inflation Inland Revenue interest rates investment company investment managers investment policy investment trust companies Investment trust managers investment trust movement Investment Trust PLC investment trust shareholders investment trust shares issue less loan capital loan stocks London Management Ltd market value net asset value normally option ordinary shares overseas investment particular performance period portfolio post-war preference capital premium problem proportion purchase realised recognised requirements revenue account risk share price specialist spread Stock Exchange stock market stockbrokers tax credit Total assets unfranked income unit trusts United Kingdom unitholders unlisted variations withholding tax