Robert Burgess
Robert Burgess
Chief Executive
Alliance Trust Savings
CONTACT
PO Box 164, 8 West Marketgait
Dundee DD1 9YP

Tel +44 (0)1382 573737
Fax +44 (0)1382 321183

Email contact@alliancetrust.co.uk

Web www.alliancetrustsavings.co.uk
This magazine is not intended as advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned within its pages.

Alliance Trust Savings Limited does not give advice. If you are unsure whether an investment is right for you, you should seek professional advice.

Please refer to the key risk warnings on the back page.


WELCOME

Welcome to the latest issue of Taking Stock – our investment trust magazine for Alliance Trust Savings customers. Following on from the global stock market turbulence of the last few weeks, in this issue we look at the arguments for equity income and the importance of dividends in a volatile market.

Our Round Table panel of investment professionals discuss this issue in depth, and give us an insight into how they have reacted to recent market trends. You can view videos of the discussion by clicking here.

Other features in this issue include:

Special offer for Alliance Trust Savings customers
We are working with our investment trust partners once again to offer customers of Alliance Trust Savings the opportunity to deal in a range of investment trusts online, free of charge*. Please see click here for full details and a list of the trusts taking part.

Investing for children
Garry Mcluckie, Head of Product and Marketing at Alliance Trust Savings discusses why it is never too early to start saving for children.

Top 20 investments
David Stevenson, Investment Columnist at the Financial Times compares the top investment trusts purchased by Alliance Trust Savings customers during Quarter 2 2011 with those purchased during the same period in 2008.

I hope you enjoy this issue, and would appreciate any feedback or suggestions for future issues.

Robert Burgess signature

Robert Burgess

Chief Executive
Alliance Trust Savings


* Does not apply to limit or market orders



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