Objective is to provide capital returns and growth on a portfolio managed in two parts. The first part comprises investments in UK equities and equity related securities of large and mid-sized companies (80%); the second part comprises investments in fixed interest and other higher yielding stocks and securities (20%)
The capital structure of the company is divided between A shares (ICTA), B shares (ICTB) and Units (ICTU). Only A shares are entitled to dividends paid by the Company. B shares, instead of receiving dividends, receive a capital return at the same time as, and in an amount equal to, each dividend paid on the A shares. For certain shareholders, there may be tax or other advantages in receiving a capital return rather than a dividend. Each Unit comprises three A shares and one B share.
Chairman: |
Andrew Watkins |
Non-Executive Director: |
Angus Pottinger, Helen Galbraith |
Senior Independent Director: |
Stephen Mitchell |
Address: |
6th Floor, Quartermile 4, 7a Nightingale Way, Edinburgh, United Kingdom |
Phone: |
+44 (0)131 573 8300 |
Fax: |
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Website: |
http://www.ctukhighincome.co.uk/ |
Email: |
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