F&c Pacific Investment Trust Plc - FCP- Profile

Witan Pacific Investment Trust PLC Formerly known as F&C Pacific Investment Trust PLC. The Company's principal activity is that of an Investment Trust Company. The objective of the Company is to maximise shareholders' total return, predominantly through growth in capital, by investing in the Asia Pacific region. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the Inland Revenue as an Investment Trust for purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 31-Jan-2005.Investment management services are provided by Witan Investment Services Ltd, Aberdeen Asset Managers Ltd and Nomura Asset Management UK Ltd for a fee ranging from 0.2% to 0.25% per annum. The agreement is terminable at one month's notice in writing. Operates as an Investment Trust Company