Following the UK departure from the European Union, the First Sentier Investors ICVC, an open ended investment company registered in England and Wales ("OEIC") has ceased to qualify as a UCITS scheme and is instead an Alternative Investment Fund ("AIF") for European Union purposes under the terms of the Alternative Investment Fund Managers Directive (2011/61/EU). Accordingly, no marketing activities relating to the OEIC are being carried out by First Sentier Investors in the European Union (or the additional EEA states) and the OEIC is not available for distribution in those jurisdictions. If you were invested in a sub-fund of the OEIC prior to 31 December, 2020 please click here to be taken to our site to access documents which are still available to existing EU investors.
Find our more about our move from LIBOR and other interbank rate to replacement interest rates here.
About Key Investor Information Documents (KIIDs)
A KIID is a two-page document that sets out the essential characteristics of a fund or share class necessary for an investor to understand the nature and the risks of the fund being offered prior to investment. There are different share classes available for each fund and KIIDs are produced for each share class. The Supplementary Information Document (SID) should also be read in conjunction with the KIID which provides further details on the funds.
Soft/ Temporary closure of funds, and unlaunched funds.
Soft/ temporary closure of a fund to new investors is a means by which the size of a fund may be controlled either by discouraging inflows or by prohibiting subscriptions into a fund. For some of the sub-funds of First Sentier Investors Global Umbrella Fund PLC (the “VCC”) this is done by the Directors providing instructions to the Administrator and Registrar not to accept new subscriptions (excluding Regular Saving Plan investors).
Find out more information below on soft/ temporary closure, and of unlaunched funds, including which First Sentier funds are impacted.