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 Trusts

& Investment Companies

Unit Trusts
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
Low charges


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:

  1. First, we receive confirmation that the investment manager will agree to allowing private investors to apply.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

Anticipated Issues

Anticipated Offersort icon Current status Offer Type Register for alerts
Woodford Patient Capital Trust Awaiting further information Offer for Subscription

Current Issues

There are currently no new issues available.

Closed Issues

Offer Type Name of issue Closing datesort icon Price
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
Launch priceChangeChart
51.59p6.61%View Chart
Offer for Subscription Tritax Big Box Wednesday, February 10, 2016 - 4pm
Offer for Subscription CC Japan Income & Growth Trust Monday, November 30, 2015 - 12pm
Launch priceChangeChart
101.11p13.98%View Chart
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
Launch priceChangeChart
100p8.75%View Chart
Offer for Subscription VPC Speciality Lending Investments Monday, September 28, 2015 - 4pm
Launch priceChangeChart
100-100.00%View Chart
Offer for Subscription P2P Global Investments Wednesday, July 22, 2015 - 5pm
Launch priceChangeChart
1000-100.00%View Chart
Offer for Subscription Empiric Student Property Tuesday, July 21, 2015 - 2pm
Launch priceChangeChart
105.75p2.84%View Chart
Offer for Subscription Apax Global Alpha Tuesday, June 9, 2015 - 10am
Launch priceChangeChart
119.2p9.06%View Chart
Offer for Subscription Miton UK MicroCap Trust Share offer Monday, April 27, 2015 - 12pm
Launch priceChangeChart
50p10.00%View Chart
Offer for Subscription Woodford Patient Capital Trust Thursday, April 16, 2015 - 5pm
Launch priceChangeChart
100p-9.25%View Chart
Offer for Subscription New City High Yield Fund Ltd - (April Offer Closure) Tuesday, April 14, 2015 - 5pm
Launch priceChangeChart
62p-6.05%View Chart
Offer for Subscription New City High Yield Fund Ltd - (March Offer Closure) Wednesday, March 25, 2015 - 5pm
Launch priceChangeChart
61.7p-5.59%View Chart
Offer for Subscription Tritax Big Box REIT Tuesday, March 17, 2015 - 2pm
Launch priceChangeChart
110p21.18%View Chart
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

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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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