Statement of Excluded Security Status

RNS Number : 4934W

Acorn Income Fund Ld

27 December 2013

 



Acorn Income Fund Limited (the 'Company')

Statement of Excluded Security Status

27 December 2013

Following the introduction of new rules from the Financial Conduct Authority restricting distribution of non-mainstream investment products the Directors of the Company have authorised the release of the following statement:

The Company currently conducts its affairs so that both the ordinary shares and zero dividend preference shares issued by the Company can be recommended by Independent Financial Advisors to retail investors in accordance with the Financial Conduct Authority's rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future. The Company's shares fall outside the regulations which apply to non-mainstream investment products because the Company invests substantially in shares, debentures or government and public securities and also because the Company would qualify for approval as an investment trust if it was resident in the United Kingdom.

The Statement is also available on the Company's Fund Factsheet at http://www.premierfunds.co.uk/media/57987/acorn-income-fund-factsheet.pdf

 For further information contact:

JTC Fund Managers (Guernsey) Limited

Secretary

Tel: [phone]

27 December 2013

E&OE - in transmission

END OF ANNOUNCEMENT

 

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