Individual Savings Accounts
Witan to offer ISA promotion
Joe McGrath, 12 January 2010
Witan Investment Services is to begin offering investors free share dealing on all new lump sum ISA investments into its Witan and Witan Pacific investment trusts.
The promotion will run from 12 January until 5 April 2010 and the only charge that will be levied on transactions will be the 0.5% government stamp duty.
James Frost, managing director of Witan Investment Services, said that ISAs are more attractive than ever since ISA investment levels were increased for those over the age of 50 from October last year.
He added, ‘ISAs make an ever attractive investment vehicle for those looking for exposure to equities whilst seeking to mitigate their tax liabilities.
‘Investing in Witan Investment Trust or Witan Pacific Investment Trust during the free share dealing period allows investors to enjoy savings equating to £102 for those over 50 and investing the full £10,200 maxi ISA allowance, or £72 for those under 50 and investing the full £7,200 maxi ISA allowance.'
Witan Pacific Investment Trust notes that employs the investment strategies of Aberdeen Asset Management and Nomura with a view to minimising volatility and enhancing overall returns to shareholders.
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