The Association of Investment Companies (AIC) has released an educational video on how investment companies empower shareholders to have a say in how their investment company is run. ‘Your investment company: having your say’ explains how investment company shareholders can make their views known by voting on key issues and attending Annual General Meetings (AGMs). It also highlights the role of investment companies’ independent boards of directors in representing shareholders’ interests.
Annabel Brodie-Smith, Communications Director of the Association of Investment Companies (AIC), said: “As shareholders in a listed company, investment company investors have rights which go much further than those of investors in other types of fund. The opportunity to attend AGMs, ask questions and vote on important decisions is unique amongst collective investments and ensures investment companies uphold the interests of their investors. Our new video explains how investment company investors can have their say and we hope it will encourage investors to get more involved with their company.”
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- The Association of Investment Companies (AIC) was founded in 1932 to represent the interests of the investment trust industry – the oldest form of collective investment. Today, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts and other closed-ended investment companies and VCTs. The AIC’s members believe that the industry is best served if it is united and speaks with one voice. The AIC’s mission statement is to help members add value for shareholders over the longer term. The AIC has 362 members and the industry has total assets of approximately £208 billion.
- Disclaimer: The information contained in this press release does not constitute investment advice or personal recommendation and it is not an invitation or inducement to engage in investment activity. You should seek independent financial and, if appropriate, legal advice as to the suitability of any investment decision. Past performance is not a guide to future performance. The value of investment company shares, and the income from them, can fall as well as rise. You may not get back the full amount invested and, in some cases, nothing at all.
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