fund going into soft closure, whats the implications?

gadgetmind

This is one of the many problems with open-ended funds for less liquid underlying assets.

I'm slowly moving to equal weight for small/mid gaps globally and rebalancing into commodities and EM.

pip895

pip895 wrote: »

There is some evidence that funds do less well once soft closed - this article is quite an interesting read.

http://www.trustnet.com/News/478548/should-you-sell-out-of-a-fund-when-it-soft-closes/

OOps! already mentioned

As an aside Have you looked at Unicorn UK Smaller Companies as an alternative, it is a bit more nimble with only 38mill as opposed to 1177mill under management. It is a bit less volatile than the Cazenove fund TN-72 rather than TN-84 and has also beaten it over 1 year.:D

CF Miton UK Smaller Companies is even smaller at 8 million and has done better than both but has little track record.

planteria

i have this fund in my ISA, and intend to hang on.

that said, it is with HL, and so if i look to transfer away from HL, i might come out of it by default.