Twentyfour Income Fund (LSE: TFIF) is a large British investment trust. Established in 2013, it is dedicated to investing in less liquid, higher yield investments.[1] The chairman is Trevor Ash.[2] It is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.[3] It is managed by Twentyfour, which is part of the Vontobel Group.[4]

In March 2022, the company announced that it would merge with UK Mortgages in a transaction worth £700 million.[5] The transaction will result in UK Mortgages being wound up.[6]

References

  1. ↑ "Twentyfour Income Fund". Trust.net. Retrieved 1 September 2022.
  2. ↑ "Annual Report 2022" (PDF). Twentyfour Income Fund. Retrieved 1 September 2022.
  3. ↑ "FTSE UK Index Series Quarterly Review September 2022". 31 August 2022. Retrieved 1 September 2022.
  4. ↑ "Prospectus" (PDF). Twentyfour Income Fund. p. 54. Retrieved 1 September 2022.
  5. ↑ "Twentyfour trust gets go ahead for £700m merger with UK Mortgages". Portfolio Advisor. 18 March 2022. Retrieved 1 September 2022.
  6. ↑ "TwentyFour Income Fund and UK Mortgages agree merger terms". Morning Star. 9 February 2022. Retrieved 1 September 2022.
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