Trust PEPs soar in value

Saturday 01 January 1994 00:02 GMT

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The value of unit trust PEPs has rocketed more than tenfold since the first quarter of 1990, to pounds 6.5bn by the end of September 1993, according to the Association of Unit Trusts and Investment Funds.

Net investment into PEPs in the first nine months of this year stood at about pounds 2.2bn. UK funds combining income and capital growth were among the most popular.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Trust PEPs soar in value

Join our commenting forum

Thank you for registering