The £40m Miton Worldwide Growth investment trust has been renamed to Miton Global Opportunities, with the vehicle’s directors claiming this would “more accurately reflect the investment approach”.
In an announcement, the directors of the vehicle managed by Nick Greenwood also said they had agreed to appoint Frostrow Capital to provide distribution and marketing, company secretarial and accounting services by January 31.
As part of the name change, the ticker for the trust’s ordinary shares will change to Migo from 8am on January 7.
According to FE Analytics, over three years the trust has returned 18.8 per cent, compared to 34.1 per cent from the AIC Global sector.
