The IFAs' best-kept secret

Not only do investment trusts charge lower fees unit trusts, they have also significantly outperformed the latter in recent years. So why don't IFAs recommend them more often?

As regular readers will know, we like investment trusts.

Not only do these stock-exchange-listed funds charge lower fees than unit trusts, but because their shares often trade at a discount to the value of their underlying portfolio, you can frequently get £1 of assets for 90p or so if you buy at the right time.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.