Closure of L11 F&C Diversified Growth (GBP)
16 March 2017
As part of our Fund Governance process, we regularly monitor our fund range to ensure that we continue to offer a high quality range of investment solutions. A specialist team reviews each fund to ensure it meets the needs of the international investor.
As L11 F&C Diversified Growth (GBP) no longer meets the minimum size requirements necessary for the continued administration of a fund, we have taken the decision to close this fund with effect from 30 June 2017.
When funds close we select a fund from our internal fund range to act as an alternative investment for the resulting proceeds (default fund) and, in this case, your investment will be switched to L37 Schroder Global Multi-Asset Income (GBP HDG). At the closure date, all existing investments and regular premiums will be switched/redirected into the default fund as advised in the client notification letter.
For further details, please refer to the client letter.
Should you have any questions regarding this closure, please contact International Funds & Investments.