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Investment trusts for your ISA

The article from MoneyWeek discusses the benefits of investing in investment trusts for an Individual Savings Account (ISA). It highlights that investment trusts can offer access to a diversified portfolio, often managed by experienced professionals, which can include stocks, bonds, property, and other assets. Investment trusts are noted for their ability to hold back some income to smooth out dividend payments, which can be particularly appealing for income-focused investors. The piece also mentions that these trusts can sometimes trade at a discount or premium to their net asset value, providing potential buying opportunities. Furthermore, the article suggests that investment trusts can be a tax-efficient way to invest within an ISA, as any growth or income is free from UK income tax and capital gains tax. It emphasizes the importance of choosing trusts with a strong track record, low fees, and a clear investment strategy, and provides examples of popular investment trusts suitable for ISAs, like those focusing on UK equity income, global growth, or infrastructure.

Read the Full MoneyWeek Article at:
[ https://moneyweek.com/investments/investment-trusts-for-isa ]