Disclosure – Non-substantive Research
This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. With this commentary, Kepler Partners LLP does not intend to influence your investment firm's behaviour.
A growing number of investment trust boards are giving themselves the freedom to pay dividends out of capital, and selling investments to maintain or grow their payouts. In this head- to-head debate, two of our analysts discuss the arguments for and against this practice.
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