Baring UK Growth fund is closing
21 November 2017
Barings has told us it is closing the Baring UK Growth fund on 28 November 2017.
Funds and Products affected by closure
This affects customers invested in these funds through the following products:
Zurich Intermediary Platform
Baring UK Growth Trust A Inc GBP BO31.LN
Baring UK Growth Trust I Inc GBP Clean G60I.LN
Sterling Investment Bond
Sterling Baring UK Growth
Sterling Baring UK Growth 2
Sterling ISA and Sterling Investment Account
Baring UK Growth Trust I Inc
On 28 November we’ll close the funds mentioned above and switch your clients’ holdings as follows:
Zurich Intermediary Platform
Baring UK Growth Trust A Inc GBP Switch to Portfolio Cash
Baring UK Growth Trust I Inc GBP Clean Switch to Portfolio cash
Sterling Investment Bond
Sterling Baring UK Growth Pre 6 April 2005 – switch to Sterling Managed
Sterling Baring UK Growth Post 5 April 2005 – switch to Sterling Defensive
Sterling Baring UK Growth 2 Switch to Sterling Defensive 2
Sterling ISA and Sterling Investment Account
Baring UK Growth Trust I Inc Switch to Threadneedle Managed Bond
How will we communicate these changes?
We will write to you with a list of your clients invested in these funds (unless you have clients invested in the fund on the Zurich Intermediary Platform in which case you should run a Total Holdings report and filter on the Baring UK Growth fundS). We’ll also write to your clients but if any of them contact us, we’ll strongly advise them to contact you for more information.