Who wants to be an ISA millionaire?

Max King looks at the investment trusts that have produced the best returns for investors over the past two-and-a-half decades

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(Image credit: © Getty images)

The Association of Investment Companies (AIC) recently published a list of all the investment trusts which would have made investors millionaires if they had invested their full ISA allowance in each year since 1999 in that one trust.

This would have involved investing a total of £286,560 plus reinvested dividends. The AIC assumes investment at the start of each tax year.

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Max King
Investment Writer

Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.

After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.