Unlike many other funds, BMO Managed Portfolio Trust (BMPG) doesn’t invest its assets directly into shares or bonds, but rather into other investment trusts. Its manager Peter Hewitt tells personal finance editor Leonora Walters what his process is for selecting investment trusts, and what are some of the most important things investors should consider when choosing trusts for income and growth. He also profiles some of the trusts he has recently invested in and flags the areas of the investment trust universe he thinks could offer good opportunities in 2019.

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