I’m pretty sure that most Fools wouldn’t even consider investing in split cap investment trusts. And that’s understandable. Many investors — including a member of my family — were persuaded to buy shares in the trusts on the basis that they were lucrative but low risk vehicles. Sadly, many such investments proved to be disastrous.
Many split cap trusts had taken on too much debt and had invested too much money in other split cap funds which were themselves indebted. As a result, some investors lost all their money….
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