Fund closures - adviser notification

January: Fund closures - adviser notification

We wrote to your clients previously on 10 December to inform them that it was our intention to close the following funds, subject to FSA approval.

Insight Investment European Alpha Fund
Insight Investment European Small Cap Fund
Insight Investment UK Alpha Fund
Insight Investment Global Alpha Fund
Insight Investment UK Discretionary Fund

We have now received approval from the FSA and will be closing these funds on 12 February 2010.

Below you will find copies of the documents sent to your clients on 10 December and a copy of the notification letter sent 14 January. This notification is to remind clients that they should take the appropriate action and return their Form of Direction indicating their preference no later than 5.30pm, 11 February 2010.

Notification letter sent 14 January:
1. Client Non ISA letter
2. Client ISA letter
3. ISA Letter to clients with continuing and closing funds*

Documentation from 10 December:
1. Client Non ISA letter 
          Next steps enclosure
          SWIP offer letter
          Form of Direction
2. Client ISA letter
          Next steps enclosure
          SWIP offer letter
          Form of Direction
3. ISA Letter to clients with continuing and closing funds*
          Next steps enclosure
          Insight Investment Simplified Prospectus and Fund Information Sheets for continuing funds
          SWIP offer letter
          Form of Direction

*This letter has been sent to a very small number of investors who have both closing and continuing funds in their 2009/2010 ISA account. 

If your clients would like any assistance in completing the forms, or if you have any queries, please do not hesitate to contact our Intermediary Sales Team on 0845 607 0728 or email us at intermediarysales@insightinvestment.com.