VT Reyker Real Assets Fund (a sub-fund of VT Reyker Funds ICVC)(the "Fund")
We have been advised that Reyker Securities plc ("Reyker"), who act as delegated investment manager in respect of the Fund, have ceased to carry on regulated activities with effect from 7 October 2019. Accordingly, Reyker can no longer act as investment manager in respect of the Fund.
In our role as authorised corporate director of the Fund we will therefore be performing day to day management responsibilities in respect of the Fund in place of Reyker while we consider (in accordance with our regulatory obligations to ensure that investors are treated fairly) other potential options going forward.
The Fund will therefore continue to be managed in accordance with its objective and policy as set out in the prospectus and in accordance with our duties to take account of the interests of all shareholders. We will keep investors informed of any developments in respect of the Fund but if you have any questions please do feel free to contact us on 01343 880 344.
Valu-Trac Investment Management Limited 7 October 2019
UPDATE: November 2019 - it is currently proposed, subject to
shareholder approval, that the Fund be merged with VT Gravis UK
Infrastructure Income Fund - for further details please contact us.
UPDATE: 20 December 2019 - Following shareholder approval at an EGM held on the 16 December 2019, the VT Reyker Real Assets Fund merged with VT Gravis UK
Infrastructure Income Fund today.
The investment objective of the Fund is to provide a return in excess of the Consumer Prices Index (after deduction of fees) over the longer term (5 years). Capital is in fact at risk and there is no guarantee that a positive return will be achieved over a 5 year, or any, period.
The Fund seeks to meet its objective by investing primarily in transferable securities and other investments which have exposure to 'real assets', including REITs, investment trusts and other companies which operate in areas such as property, infrastructure, energy, agriculture and commodities.
The Fund may also invest in other transferable securities, collective investment schemes, exchange traded funds, money market instruments, deposits, cash and near cash.
The Fund will not have any particular geographic focus and as such weightings in these may vary as required. The Fund may have exposure to emerging markets through its investments in e.g. collective investment schemes, equities or futures.
Prospectus
Past performance is not necessarily an indication of future results |