Investment trust 101: How gearing works

Sam Slator 02/03/2017

One of the key differences between an open-ended fund and a close-ended fund (or investment trust) is gearing, which basically means borrowing money. FundCalibre’s Sam Slator explains more.

See our other videos explaining discounts, revenue reserves, the role of an independent board and what an investment trust actually is. Check out our YouTube channel to find out more.

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