In 1999, the government took over Korea's two biggest investment trust management companies.
Indeed, more than 20pc of the investment trust is currently invested in this country.
There are now around 250 investment trusts worth a combined total of £24 billion.
Anyone investing £1,000 in the average investment trust just after the second world war would now have a holding worth well over Pounds 250,000.
Quite a number of companies within this index are investment trusts.
For those who prefer the idea of an investment trust there is, again, considerable choice.
It was chartered as a private Investment trust and just owned things.
The company was established in 1983 through a management buy-out of an investment trust.
Good news, at least, you might think, for that industry's rivals, the investment trusts.
In the case of investment trusts, this warning needs repeating with force.