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10 March 2006
Don’t Miss The SIT ISA Deadline
The Scottish Investment Trust PLC (SIT) is one of the largest investment trusts within the global growth category. SIT’s wholly owned subsidiary, SIT Savings Ltd, today announced that investors wishing to apply for a SIT Mini/Maxi ISA for the current tax year (2005 / 2006) will be able to do so until midday on Wednesday 5 April 2006.
The Scottish Investment Trust’s SIT Savings is one of the few ISA providers which makes no initial plan charge* and has an annual charge of only 0.6% which is capped at £30 + VAT, regardless of the amount invested or how many years' ISA allowances are invested with SIT.
Investors can apply for a SIT ISA by sending in a completed ISA application form together with a personal cheque drawn on their own bank account (minimum lump sum investment £500) to:
The SIT ISA,
Halifax Share Dealing Ltd
Trinity Road
Halifax
West Yorkshire
HX1 2RG
The application must arrive before 12:00 noon on 5 April 2006 to be processed for the tax year 2005/06.
Investors can obtain The SIT Mini/Maxi ISA application form by downloading one from the SIT website (www.sit.co.uk) or requesting The SIT ISA brochure by contacting SIT on 0800 42 44 22, or through the investor’s IFA.
The SIT ISA is a stocks and shares ISA and gives investors access to SIT's professionally managed portfolio of global equities. As a global growth investment trust, SIT’s worldwide investment spreads risk over a wide range of regions, companies and market sectors while allowing an extensive search for investment opportunity.
Past performance will not necessarily be repeated and is no guide for, or guarantee of, future returns. The value of shares and the income from them can go down as well as up as a result of market and currency fluctuations and investors may not get back the amount originally invested.
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