FCA ASSET MANAGEMENT MARKET STUDY


In response to the Financial Conduct Authority’s Asset Management Market Study, 7IM is making some changes to its fund documentation. These changes are now effective and will:

  • clarify and explain the objectives and policies of each Fund; giving more explanation about how the funds are run and providing more detail in a new Investment Strategy section; and
  • provide a benchmark which can be used to compare the Fund’s performance against. (For most of our funds this was already in the Factsheet but, is now explicitly included in the Prospectus and the KIID, as required by the FCA Rules).

The changes will be made to the Prospectus, KIIDs and in due course, to the fund Factsheets. These can be found in the usual place on our Literature section.

None of the changes to the documents will affect the way in which the Fund are managed and investors in these funds do not need to take any action.

Update March 2020 – please see link below for the Assessment of Value report for the applicable funds with a year end date of 30 November 2019.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.

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