The Association of Investment Companies (AIC), in partnership with Investors’ Chronicle, is offering readers the chance to win £5,000 to invest in an investment trust of their choice.
We all know the benefits of investing for the long term, and this is something investment trusts specialise in. This year marks 156 years since the launch of the first investment trust, F&C Investment Trust (FCIT), and there are 23 investment trusts that are over 100 years old.
Today, there are hundreds of investment trusts to choose from and industry assets currently total more than £271bn. But how do you decide which investment trust or trusts are right for you? The answer will depend on whether you are looking for income or growth, or a combination of the two, as well as your circumstances and appetite for risk.