foreign and colonial investment trust-enterprise trust (Other Investment Trusts)

Member Name: mercury7

Product:	Other Investment Trusts
Date:	21/09/00 (313 review reads)
Rating:

Advantages: Good track record over long term

Disadvantages: May not suit those looking for quick bucks

I took out the Enterprise Trust with Fand C,approximately 2 years ago,and now pay in £35 per month.It has been as high as £50 per month and as low as £25.That is what I like about them,you can vary the amount as your financial circumstances dictate,without any charges.You always have forms to change the direct debit mandate.I believe that the minimum is now £50 p.m.-but not 100% sure.

The reason I picked it out was because in the Financial Mail on Sunday,at one point it was leading the Investment Trust tables for five and three years.
Since then,it has slipped back a little,but I am still very happy with the performance,and compares well with other investments.
It is qualified as a higher risk investment,but when it goes down a fair bit-like this year for example-you get more units for your money.I dont worry,Foreign and Colonial are a big company,and it has now bounced back again.
For someone who is not worried about short paper losses,and is looking for a reasonable long term view,I recommend it.

Summary: