So, what’s in a name? In the case of Foreign & Colonial, certainly not speed. As of last week, F&C Commercial Property Trust has become known as BMO Commercial Property Trust — five years after the fund manager was taken over by BMO Financial, part of Bank of Montreal. It is one of two thematic investment trusts to undergo the rebranding. Whether shareholders will detect any change in its performance under a new moniker is another matter.
F&C Commercial Property Trust, as was, was established in March 2005. Its aim is to generate capital and income growth for shareholders by investing in an array of commercial property in the UK. At 5 per cent, it certainly has an attractive yield.
It has 38 properties in