Low ISA charges have long term benefits for SIT ISA investors

Released on = March 9, 2006, 5:33 am

Press Release Author = Michael Hanna

Industry = Financial

Press Release Summary = The Scottish Investment Trust PLC (SIT) is offering ISA
investors the opportunity to invest in a broadly-spread portfolio of global equities
with one of the most competitive charging structures in the investment trust ISA
market.


Press Release Body =


SIT is one of the few providers with a capped ISA pricing structure for the benefit
of investors.

The SIT ISA boasts no initial charge (there is no initial plan charge or dealing
charge; external expenses, government stamp duty of 0.5% and dealing spread which
has averaged 0.9% over the last 3 years, apply) and the annual charge is only 0.6%
which is capped at £30 + VAT, no matter how much the investment grows or how many
years' ISA allowances are invested with SIT. The 0.6% charge benefits small
investors who, for example, would only pay £6 for an investment valued at £1,000
while the £30 + VAT cap favours those with an investment valued at £7,000. Investors
often overlook the effect of high charges on returns but those with large ISA
investments can make sizeable savings by choosing their ISA provider carefully.



The SIT ISA provides a very cost effective entry into The Scottish Investment
Trust's professionally managed portfolio of global equities. The diversity of SIT's
investments means that risk is spread over numerous companies, sectors and
countries, while allowing a wide search for
Web Site = http://www.sit.co.uk

Contact Details = For further information please contact:

Sherry-Ann Sweeting
The Scottish Investment Trust
0131 225 7781

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