A learning programme on investment companies has been updated to reflect current market conditions.
The course was first introduced by the Association of Investment Companies last year and is designed to help more finance professionals get up to speed with investment companies, often referred to as investment trusts.
The Investment Company Accreditation is a three-hour programme of interactive e-learning split into four 45-minute courses.
It covers all the important aspects of the structure and features of investment companies such as discounts and premiums, gearing and unique income features.
Nick Britton, research director at the AIC, said: “One of the main barriers to broader use of investment companies by advisers has been a lack of understanding, so it’s important to us that the AIC continues to provide free training and education.
"Our training is practical rather than abstract and 82 per cent of users say it has given them more confidence in recommending investment companies.”
So far more than 215 people have completed the free accreditation, earning a certificate from the AIC demonstrating their knowledge of the structure and features of investment companies.
The training is accredited by the Chartered Insurance Institute and the Chartered Institute for Securities and Investment.
The four courses are:
- An introduction to investment companies
- Gearing
- Discounts and premiums
- the income features of investment companies
The AIC said advisers who have completed the course have gained a better understanding of the lesser known sector of investment trusts.
tara.o'connor@ft.com
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