fund is limited to 100 million shares with an offer price of 100p per share until 16 may
Threadneedle's UK Limited Issue fund is to open for subscription on 12 May, with a one-week 100p per share fixed offer period ending at noon on 16 May. Subject to FSA approval, the fund will begin trading on 19 May. It will be closed to new subscriptions once 100 million shares have been sold, capping the fund at £100m if all the shares are bought within the offer period. Run by the group's high alpha team, which includes named manager Mark Holden and team head Paul Findley, it will have a maximum of 30 holdings, offering exposure to Threadneedle's highest conviction stocks. T...
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