Case study Investment Trust options

[oliviaaaaa]

Hi,
I had planned on investing a lump sum in ETF's (not in pension account) but the 8 year taxation system is off putting.
So that has led me to Investment Trusts. Being taxed the same as shares is the big advantage over ETFs.

However, choosing what Investment Trusts to invest in is not as easy as choosing ETFs!

So if you wanted to choose an Investment Trust or a selection of them, the idea being to mirror what a global ETF does...
What would you buy?

Thanks

 

[Sarenco]

I think the oldest collective investment vehicle in the world would probably fit the bill -

F&C Investment Trust plc (FCIT).

It won’t mirror the performance of a global index tracker but the performance should be broadly similar over the long term.

 

[AJAM]

If I was starting again I would probably go for this

PRODUCT	Target Allocation
Berkshire Hathaway B	30%
Scottish Mortgage Investment Trust	20%
F&C INVESTMENT TRUST PLC	20%
BMO GLOBAL	13%
Monks Investment Trust	10%
Finsbury Growth & Income Trust	7%

 

[Gordon Gekko]

That’s a lot in Scottish Mortgage.

 

[galway_blow_in]

JAM ( JP Morgan American investment trust )