Anglo & Overseas Trust Plc - AOT- Profile

Anglo & Overseas Trust PLC. The Group's principal activity is that of an Investment Trust Company. The objective of the Group is to provide shareholders with above average returns over the longer term through both capital and income. The Group is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Group has been approved by the Inland Revenue as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 31-Dec-2003.Investment management services are provided by DWS Investment Trust Managers Ltd for a fee calculated at the end of each quarter at a rate of 0.08125% by reference to the three year moving average market value of the Group's portfolio, including cash and short-term deposits but excluding the value of any investments managed by Deutsche Bank Group companies. The agreement is terminable by either party by giving one year's notice. Operates as an Investment Trust Company