F&C U.S. Smaller Companies PLC Non-Mainstream Pooled Investment Product Rules (0835X)
07 Janvier 2014 - 1:59PM
UK Regulatory
TIDMFSC
RNS Number : 0835X
F&C U.S. Smaller Companies PLC
07 January 2014
F&C US Smaller Companies PLC
(the "Company")
Suitability for Retail Distribution
The Board notes the 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 came 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.
By order of the Board
F&C Management Limited
Secretary
7 January 2014
Name of contact and telephone number for enquiries:
Hugh Potter
Telephone: 020 7011 5183
This information is provided by RNS
The company news service from the London Stock Exchange
END
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