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Raymond Best
Raymond Best

Investment Trust or Investment Company

I remember reading in ITN that it is quite difficult to distinguish between an investment trust and an investment company. I have always considered BP Marsh to be an investment trust. Apparently, it is not, yet it has a discount and a discount mechanism, so it looks like a duck, walks like a duck, so surely it is a duck?

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I think they are the same thing - an Investment Trust is also a company. The main investment trust website is called the AIC - Association of Investment Companies site

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