Dresdner offering options on wind-up

Professional Adviser
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Shareholders in the £25m Dresdner RCM Emerging Markets investment trust will be given three options ...

Shareholders in the £25m Dresdner RCM Emerging Markets investment trust will be given three options when the company winds up later this year. Under the proposals put forward by the trust's board, shareholders will be able to take cash or roll over into one of two open-ended vehicles: the sterling-based A shares of the Dresdner Global Distributor fund, a Luxembourg-listed open-ended portfolio, or the Dresdner RCM Tiger Trust, a UK-registered unit trust focused on Asian emerging markets. The trust has been one of the star performers in its sector over the 12 months to 18 March. On a mi...

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