Unit Trusts - HELP!!!!
I've come on here to try and establish a course of action so help will be appreciated.
I have shares in 5 of these baskety unity trusty things that invest in a range of shares as advised by an advisor (Interestingly I have not heard from him for 2 years now). An example is Jupiter Merlin Growth Portfolio
Query 1 is ;
How do I make money out of them apart from the change in price? None seem to pay a dividend,
What happens to the dividends paid by the company shares held by the units? Are they kept by the fund manager as part of his exorbitant "bonus"?
Query2;
They are about back to parity - I'm inclined to sell and put in a bank - am I being hasty?
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