Suitability for Retail Distribution

RNS Number : 0202W

F&C Global Smaller Companies PLC

19 December 2013

 



F&C Global Smaller Companies PLC
(the "Company")

Suitability for Retail Distribution

The Board notes the proposed changes to the Financial Conduct Authority's ("FCA") rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which will come into effect on 1 January 2014. 

The Company is an investment trust and therefore its shares are not subject to these restrictions. The Company conducts its affairs so that its shares can be recommended by IFAs to ordinary retail investors in accordance with the FCA's rules relating to non-mainstream investment products and intends to continue to do so.

Name of contact and telephone number for enquiries:

Jan Baker    

For and on behalf of F&C Management Limited, Secretary

Telephone: [phone]

19 December 2013 

 

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