Blue Planet looking to merge 12 trusts

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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