Investment Trusts & Fund Launches
What Are Investment Trusts & Fund Launches?
Similar to other IPOs Investment trusts and funds will come to the market from time to time and through their prospectus highlight their investment strategy and income proposition. Investment Trusts are companies that are domiciled in the UK and invest in shares and securities of other companies globally. They are listed on the London Stock Exchange and therefore freely tradable on the open market.
Why would you invest in Investment Trusts & Fund Launches?
See how Investment Trusts compare to other types of fund:
Investment Trusts vs. other types of investment
& Investment Companies
|Unit Trusts||OEICs||Running your own portfolio|
|Wide spread of risk|
|Professional investment management|
|Income, growth or both|
|Often available at discount|
|Can borrow to maximise opportunities|
|Does not have to sell assets to repay investors|
|Independent board of directors|
Why invest in Investment Trusts & Fund Launches with Interactive Investor?
Simple. We will not charge a commission for you to invest in any new issue investment trust & fund launches as we receive a fee by being a distributor for the issue. Furthermore, at Interactive Investor we have a constant ear to the ground for any new issues that are coming to the market so if you have an account with us we will keep you posted on any announcements of any companies going public.
Process for investing in Investment Trusts & Fund Launches
Investment Trusts & Fund launches will follow a similar process, as set out below:
- First, we receive confirmation that the investment manager will agree to allowing private investors to apply.
- Prospectus and KIID document released - The investment company will prepare and release a Prospectus and KIID (Key Investor Information Document) which clients should fully read and digest before making any decision to invest.
- Offer Period – At this point our dealers will start taking orders. A launch date is set for the final date and time by which all applications must be received.
- Offer Period closes – At this point our dealers will stop taking orders and our clients will be allocated units in the fund. Fund launches are not typically scaled back.
- Fund launched – The fund is open and clients can now buy or sell units.
Risk warning - investors must be aware that investing in new issues is not without risk and the value of your investment may fall significantly after the security is quoted on the open market.
Call us on 0845 200 3637 to participate. There is currently no electronic online facility to invest in these new issues.
|Offer Type||Name of issue||Closing/Expiry date||Offer price||Further information|
|Offer for Subscription||Global Diversified Infrastructure plc||Monday, April 16, 2018 - 11am||100 pence||find out more|
|Offer for Subscription||Gore Street Energy Storage Fund plc||Friday, April 6, 2018 - 3pm||100 pence||find out more|
|Offer Type||Name of issue||Closing date||Price|
|Offer for Subscription||RM Secured Direct Lending plc||Friday, March 23, 2018 - 1pm|
|Offer for Subscription||Baillie Gifford US Growth Trust plc||Monday, March 19, 2018 - 1pm|
|Offer for Subscription||Augmentum Fintech plc||Thursday, March 8, 2018 - 11am|
|Offer for Subscription||JPMorgan Multi-Asset Trust plc||Monday, February 26, 2018 - 11am|
|Offer for Subscription||CC Japan Income & Growth Trust plc||Wednesday, January 24, 2018 - 1pm||
|Offer for Subscription||Aviva Investors Secure Income REIT plc||Tuesday, December 12, 2017 - 9am|
|Offer for Subscription||Tri-Pillar Infrastructure Fund Ltd||Tuesday, December 5, 2017 - 1pm|
|Offer for Subscription||Mid Wynd International Investment Trust PLC||Thursday, June 1, 2017 - 1pm||
|Offer for Subscription||HICL Infrastructure Company Limited||Friday, March 17, 2017 - 9am||
|Offer for Subscription||Tritax Big Box||Thursday, October 13, 2016 - 8am||
|Offer for Subscription||Empiric Student Property||Tuesday, March 15, 2016 - 4pm||
|Offer for Subscription||Miton UK MicroCap Trust Offer for Subscription||Monday, February 15, 2016 - 4pm||
|Offer for Subscription||Tritax Big Box||Wednesday, February 10, 2016 - 4pm||
|Offer for Subscription||CC Japan Income & Growth Trust||Monday, November 30, 2015 - 12pm||
|Offer for Subscription||Ranger Direct Lending - C Class share offer||Tuesday, November 24, 2015 - 12pm||
|Offer for Subscription||Empiric Student Properties||Wednesday, October 21, 2015 - 12pm||
|Offer for Subscription||VPC Speciality Lending Investments||Monday, September 28, 2015 - 4pm||
|Offer for Subscription||P2P Global Investments||Wednesday, July 22, 2015 - 5pm||
|Offer for Subscription||Empiric Student Property||Tuesday, July 21, 2015 - 2pm||
|Offer for Subscription||Apax Global Alpha||Tuesday, June 9, 2015 - 10am||
|Offer for Subscription||Miton UK MicroCap Trust Share offer||Monday, April 27, 2015 - 12pm||
|Offer for Subscription||Woodford Patient Capital Trust||Thursday, April 16, 2015 - 5pm||
|Offer for Subscription||New City High Yield Fund Ltd - (April Offer Closure)||Tuesday, April 14, 2015 - 5pm||
|Offer for Subscription||New City High Yield Fund Ltd - (March Offer Closure)||Wednesday, March 25, 2015 - 5pm||
|Offer for Subscription||Tritax Big Box REIT||Tuesday, March 17, 2015 - 2pm||
|Offer for Subscription||Empiric Student Property||Wednesday, March 11, 2015 - 5pm||
|Offer for Subscription||Fundsmith Emerging Equities Trust plc||Thursday, June 19, 2014 - 4pm||
|Offer for Subscription||John Laing Environmental Assets Group Limited IPO||Friday, March 14, 2014 - 1pm||
|Offer for Subscription||Henderson Diversified Income Limited [HDIV] - Share Issue||Tuesday, February 4, 2014 - 10am||
|Offer for Subscription||Henderson International Income Trust plc (HINT) - C Share Issue||Friday, November 8, 2013 - 12pm||
New Issues and IPOs
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Please be aware of the risks involved. The value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. Past performance is no guarantee of future performance. Tax treatment depends on your individual circumstances and may be subject to change. If in any doubt, please seek advice.
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