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Professional Adviser
  • Investment Trusts

Close scraps commodities fund days before launch

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  • Simon Danaher & Scott Sinclair
  • 13 December 2007
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CLOSE Investments has scrapped its Agricultural Commodities Trust just days before it was due to go live.

The firm said "general market sentiment and the sub-prime issue" meant there had been insufficient demand for it to proceed with the fund, which was set to go live on Friday. Roland Kitson, sales and...

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