An investment trust for growth?

le_loup

[Deleted User] wrote:

Hi,

you should look for accumulation units, or pick a good income fund and reinvest the income.

You miss my point.
The OP is looking at INVESTMENT TRUSTS. There is no such thing as accumulation units in ITs and reinvesting income is not the same as wanting a growth IT without dividends.

Linton

bigfreddiel wrote: »

Not an accumulation fund, try again!

You were asking for a good income fund (IT).

[Deleted User]

Hi,

Eco_Miser wrote: »

That still generates an income which will be taxable for the OP. The OP wants growth to avoid taxable income.

not if put in an S&S Isa.

bowlhead99

[Deleted User] wrote:

Hi,

Eco_Miser wrote: »

That still generates an income which will be taxable for the OP. The OP wants growth to avoid taxable income.

not if put in an S&S Isa.

The OP is specially looking for something that does not generate taxable income, and generates relatively more gains instead, because he has enough unwrapped assets to run out of dividend allowance but has not yet run out of gains allowance.

Your inane suggestion to get taxable income anyway but reinvest it, or get taxable income inside an acc fund but reinvest it, was not at all useful for that objective of avoiding tax on income. I'm going to go out on a limb here and suggest that the bright idea of putting the assets in an ISA has already been considered...

bigadaj

A quick review of trustnet as linto suggested shows that Lindsell train it has a 0 ndy and has a very good record of high returns, not a recommendation just a suggestion for the op to look at and do some research.

As linton also suggests there is a lot of gearing and often volatility at the higher returns end so many its are quite boring and safe in paying a steady dividend as well as some capital growth, the more exotic end of the market often means becoming a but riskier as well.

[Deleted User]

Hi,

bowlhead99 wrote: »

Your inane suggestion to get taxable income anyway but reinvest it, or get taxable income inside an acc fund but reinvest it, was not at all useful for that objective of avoiding tax on income. I'm going to go out on a limb here and suggest that the bright idea of putting the assets in an ISA has already been considered...

thank you, I have decided not to become a Financial Advisor.

Thrugelmir

Try this one.

F&C Managed Portfolio Growth

stringer_bell

bigadaj wrote: »

A quick review of trustnet as linto suggested shows that Lindsell train it has a 0 ndy and has a very good record of high returns, not a recommendation just a suggestion for the op to look at and do some research.

As linton also suggests there is a lot of gearing and often volatility at the higher returns end so many its are quite boring and safe in paying a steady dividend as well as some capital growth, the more exotic end of the market often means becoming a but riskier as well.

The Lindsell train one looked good, It has a 3.4 percent annual charge, I'm not sure whether that good or bad? Thats with HL anyway

redux

bigadaj wrote: »

A quick review of trustnet as linto suggested shows that Lindsell train it has a 0 ndy and has a very good record of high returns, not a recommendation just a suggestion for the op to look at and do some research.

Personally, I'd have to understand a lot better how it could trade at up to 40% premium to NAV before I could consider investing there.

Even Nick Train himself was quoted 2 or 3 years ago as commenting when it was also high.

He also manages Finsbury Income & Growth, with fairly similar holdings, which might interest some people instead, but both have a dividend, which might not suit the OP for this particular query

cheerfulcat

briley wrote: »

I feel sort of stupid but I can not find an investment trust that goes for growth and not for income. I've tried using a number of sources to find a list but singularly failed.

I have enough income from shares to use up the new £5,000 allowance so am looking for something with growth to use my CGT allowance instead. I like investment trusts as they are easy to understand.

Anyone able to supply some suggestions?

Have a look at the Association of Investment Companies website - http://www.theaic.co.uk/aic/find-compare-investment-companies