Blue Planet Investment Trusts has revealed that it is “currently evaluating the possible merger of all 12 investment trusts”.
The potential merger could lead to the creation of a single investment trust, which would be “to the benefit of all shareholders”.
A merger is expected to lead to reduced operating expenses, a lower total expense ratio, a raising of the larger fund’s profile and a potential increase in liquidity.
The merger would include the £3.5m Blue Planet International Financials Investment Trust, the £3.4m Blue Planet Worldwide Financials Investment Trust and the 10 Blue Planet Financials & Growth investment trusts (worth collectively £3.3m).
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