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Wright Reports > Company Profile Report > F > F&C Capital & Income Investment Trust PLC

F&C Capital & Income Investment Trust PLC - Company Profile Snapshot

Company Profile: F&C Capital & Income Investment Trust PLC
Ticker: FPP
Exchanges: LON
2007 Sales: 7,947,000
Major Industry: Financial
Sub Industry: Investment Companies
Country: UNITED KINGDOM
Employees: 0

Business Description
F&C Capital & Income Investment Trust PLC. The Company's principal activity is that of an Investment Trust. The objective of the Company is to secure long-term capital and income growth from a portfolio consisting mainly of FTSE All-Share companies. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the HM Revenue and Customs as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 30-Sep-2006.Investment management services are provided by F&C Management Ltd for a quarterly management fee payable in arrears equal to 0.1% of the funds under management. The agreement may be terminated upon one year's notice given by either party.

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