Non Mainstream Pooled Investments

RNS Number : 2429Z

Qatar Investment Fund PLC

04 February 2014

 



4 February 2014

Qatar Investment Fund plc

("QIF" or the "Company")

Non Mainstream Pooled Investments

The board of the Company notes the changes to the FCA rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which came into effect on 1 January 2014.  The Board believes that the Company and its shareholders will not be affected by these changes.

Having taken legal advice, this confirms that the Company's shares will qualify as an 'excluded security' under these new rules and will therefore be excluded from the FCA's restrictions which apply to non-mainstream investment products.  The Company currently conducts its affairs so that the Company's shares can be recommended by IFAs to ordinary retail investors in accordance with the FCA's rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future.

The Company is advised that its shares are excluded from the FCA's restrictions which apply to non-mainstream investment products principally because the returns to investors are, and are expected to continue to be, wholly or predominantly linked to, contingent on, highly sensitive to or dependent on, the performance of or changes in the value of shares, debentures or government and public securities.

For further information:

Qatar Investment Fund Plc [phone]

Nick Wilson

Panmure Gordon [phone]

Richard Gray / Andrew Potts

Maitland [phone]

William Clutterbuck / Robbie Hynes

Galileo Fund Services Limited [phone]

Ian Dungate

 

END

 

 

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