News
SPW Asset Allocator Fund – Scheme of Arrangement completed
Following approval by shareholders at the Extraordinary General Meeting (EGM) held on 02 September 2024, the fund was merged into SPW Tactical Fund 1 (50%) and SPW Tactical Fund 2 (50%) on 21 September 2024.
The following conversion rates were applied to calculate the shares in the Tactical Funds:
| SPW Asset Allocator Fund | P | Income |
0.65988858
|
|
Q
|
|
|
|
Q
|
|
||||
| SPW Asset Allocator Fund |
Q
|
Income
|
0.65995119
|
SPW Tactical Fund 1
|
Q
|
Income
|
|
SPW Tactical Fund 2
|
Q
|
Income
|
All shares have been converted as Group 1 and were priced at £1 per share in both funds.
Income Distribution - as set out in the Circular, the last accounting period of SPW Asser Allocator Fund ended at midday on 20th September 2024. Income accrued to that point will be distributed as soon as is reasonably practicable and no later than 20th November 2024. Shareholders may also receive distributions from the Receiving Funds for the period from the Effective Date to the 30th September 2024.