Trust in Peps

Article Abstract:

United Kingdom personal equity plans (Peps) based on unit trusts have performed well in terms of sales in 1996 to 1997, but sales of Pep investment trusts have dropped in this period. Investment trusts have some advantages such as being able to borrow to boost returns, and the underlying portfolio being unaffected by share dealing. They have performed better than unit trusts over the longer term, while unit trusts Peps have tended to perform better over the shorter term.

Author: Ricketts, Charlie
Personal Tax Planning, Personal finance

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Bargain basement deals on Peps

Article Abstract:

UK personal equity plans (Peps) can be obtained cheaply from some brokers. Investors usually need a lump sum and have to invest a minimum of 1,000 pounds sterling. Brokers may offer cheaper Peps than investors can buy directly from providers, though they should take into account factors other than the initial fee. These factors include longer term charges, and the performance of the Pep, which weighs more heavily than charges in terms of returns.

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Subjects list: United Kingdom, Tax planning, Investment companies, Mutual funds
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