Information  X 
Enter a valid email address

Diverse Inc Trust (DIVI)

  Print   

Friday 08 June, 2012

Diverse Inc Trust

Update of Investment Restrictions


                         The Diverse Income Trust plc                          

                                (the "Company")                                

                       Update of Investment Restrictions                       

As set out in the prospectus published by The Diverse Income Trust plc on 7
April 2011 the Company's investment restrictions therein included, inter alia,
the following restriction with regard to investments in other listed
closed-ended investment companies.

 

"The Company will not invest more than 10 per cent. of its Gross Assets, at the
time of acquisition, in other listed closed-ended investment funds, whether
managed by the Manager or not, except that this restriction shall not apply to
investments in listed closed-ended investment funds which themselves have
stated investment policies to invest no more than 15 per cent. of their gross
assets in other listed closed-ended investment funds."

 

Further to shareholder feedback the Board wish to clarify that in addition to
the above restriction, the Company will not invest more than 15 per cent. in
aggregate of the Company's gross assets in other listed closed-ended investment
funds (or investment trusts), notwithstanding whether or not such funds have
stated policies to invest no more than 15 per cent. of their gross assets in
other listed closed-ended investment funds.

For further information please contact:

MAM Funds plc

Gervais Williams [email protected] +44 (0)78 1133 1824

Cenkos Securities plc

Dion Di Miceli [email protected] +44 (0)20 7397 1921

a d v e r t i s e m e n t