BRITISH FIXED TRUSTS.
That the Fixed Trust principle is popular with investors is shown by the large nuniber which have been formed, and some have been closed to new entrants and new Trusts started. It would be useful, perhaps, if the managers of these Fixed Trusts would furnish information as to the amounts of capital represented by these Trusts. One of the earliest groups to be formed was that comprising the British Fixed Trust, of which the Managers are Municipal and General Securities Limited. The First British was formed in April, 1931, and the Fourth as recently as February 6th of this year. The four comprise different groups of leading Industrial investments and the Units of all four are still available for purchase, so that an investment in the four would spread a small amount of capital over eighty-six different companies, and as the dividend distributions are made at different times in the year, the investment would give an income spread over
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