5 funds for your ISA: Caledonia Investments

This investment trust boasts a 44-year history of annual dividend increases.

Each day this week we're highlighting a fund you may wish to consider for your ISA. Today we turn our attention to Caledonia Investments, an investment trust that boasts a 44-year history of annual dividend increases.

There's an old Lancashire saying that families go from "clogs to clogs in three generations". After the first generation makes the money, it has to take care of its wealth or the money will be squandered by later generations!