Alliance Trust Savings has waived the purchase fee on a range of its investment trusts as part of an online promotion.
When customers purchase one of the company’s 35 participating investment trusts online via its i.nvest platform, the usual dealing fee of £12.50 will be waived.

The promotion started on 5 September and runs through to 16 October this year.

Malcolm Dodds, head of investment services at Alliance Trust Savings, said demand for investment trusts among its customers continued to be ‘strong’.

The company is already running an offer to waive the annual administration and transfer in charges for new customers on its Select SIPP until February 2012.

In order to qualify, applications must be received no later than 30 September.

‘The investment trust market is forecasted to grow as RDR approaches in 2013 and advisers increase the scope of the investments that they advise on,’ he said.

Alliance Trust Savings also reported that between 1 July to 31 August this year, its i.nvest platform had seen gross inflows (online purchases) into investment trusts grow 103 per cent, compared to the same period in 2010.

Dodds added that he expects ‘growth to continue in an upward trend’.

The investment trust list in full:

Investment Trust TIDM
Aberdeen All Asia Investment Trust ABAA
Aberdeen Asian Income AAIF
Aberdeen Asian Smaller Companies Investment Trust AAS
Aberdeen Latin American Income Ltd ALAI
Aberdeen New Dawn Investment Trust ABD
Aberdeen New Thai Investment Trust ANW
Aberdeen Private Equity Ltd APEF
Aberdeen Smaller Companies High Income Trust ASCH
Alliance Trust ATST
Baillie Gifford Japan Trust BGFD
Baillie Gifford Shin Nippon BGS
Dunedin Income Growth Trust DIG
Dunedin Smaller Companies Investment Trust DNDL
Edinburgh Dragon Trust EFM
Edinburgh UK Tracker Trust EUK
Edinburgh US Tracker Trust EUS
Edinburgh Worldwide Investment Trust EWI
European Assets Trust EAT
Foreign & Colonial Investment Trust FRCL
F&C Global Smaller Companies Trust FCS
F&C US Smaller Companies Trust FSC
Martin Currie Portfolio Investment Trust MNP
Mid Wynd International Investment Trust MWY
Monks Investment Trust MNKS
Murray Income Investment Trust MUT
Murray International Trust MYI
New India Investment Trust NII
Pacific Horizon Investment Trust PHI
Scottish American Investment Company SCAM
Scottish Mortgage Investment Trust SMT
Shires Income SHRS
Biotech Growth Trust BIOG
Witan Investment Trust WTAN
Witan Pacific Investment Trust WPC
Worldwide Healthcare Trust WWH