Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Schroder Oriental Income Fund Clarifies Investment Restrictions

24th Apr 2015 14:18

LONDON (Alliance News) - Schroder Oriental Income Fund Ltd Friday said it has clarified its investment restrictions in regards to investment in other investment companies and trusts that are listed on the official list of the UK Listing Authority.

The fund said it would not invest more than 10% of the value of its own total assets in other investment companies, and said if it chooses to invest, it will only invest up to a maximum of 15% of the gross assets of the company it would be investing in.

Schroder Oriental shares were trading up 0.1% on Friday afternoon at 211.62 pence per share.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

Schroders
FTSE 100 Latest
Value8,774.65
Change-17.15