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[sharechat] Listed UK Investment Trusts


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Thu, 23 Sep 1999 11:21:26 +1200


To change the topic of the current threads, as interesting as they are, what are peoples opinions on buying into UK investment trusts. My real question is why would I buy into the NZSE trusts, when I can purchase the same shares in the UK, which must have far better liquidity, given the much bigger market. The 1% extra brokerage to buy in UK, plus extra currency risk, seems a worthy tradeoff for the better liquidity. So why purchase the NZ listed Trusts?

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