Alternative investment trusts can now be held in investment savings

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Starting this autumn, investors will be able to put alternative investment market trusts into their investment savings accounts due to new guidelines, said communications director of the Association of Investment Companies Annabel Brodie Smith.

She mentioned that these new rules are set to acquire investment trusts as well.

Brodie Smith said that there are AIM investments that deserve more attention from retail investors. She continued to say that the Association of Investment Companies agree completely with the guidelines provisioned by the new rules, having been a champion of its implementation for the longest time.

On the other hand, an investment trust analyst argued that investors should be warned of the new risks that these rules entailed. According to Stephen Peters, AIM stocks have generally weaker reporting requirements compared to those in the main list. He said that they are much harder to trade.

"If they are willing and able to spend the time understanding the implications of where the fund is listed and domiciled, then there may be value there, but the potential value, and I underline the word potential, comes with an extra level of risk," Peters explained.

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