Non Mainstream Pooled Investments

RNS Number : 4406T

F&C UK Real Estate Investments Ltd

19 November 2013

 



F&C UK Real Estate Investments Limited

To:          RNS

From:      F&C UK Real Estate Investments Limited

Date:       19^th November 2013

Non Mainstream Pooled Investments

The Board notes the proposed changes to the 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.  Following the receipt of legal advice, The Board confirms that it conducts its affairs, and intends to continue to conduct its affairs, so that the Company's shares will be excluded securities under these new rules and will therefore be excluded from the FCA's restrictions which apply to non-mainstream investment products.  The Company's shares are excluded securities because the Company would qualify for approval as an investment trust if it was resident in the UK.

All enquiries

The Company Secretary

Northern Trust International Fund Administrations Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: [phone]

Fax: [phone]

 

END

 

 

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