

Features
The story of ‘Closed’ funds on Blue & Green Investor
You hear about fund launches but search on Google for information on fund closures and it can be a sparse experience. Here we identify what has been closing on the Blue & Green Investor database, the difference between ‘soft closed’ funds and ‘closed’ funds and the potential tax consequences.
Types of Closure
There are two types of closures that investors need to be aware of:
- Closed funds: This is where funds cease to exist and investors are either issued units in a fund into which the closed fund has been merged, or money is redeemed to the investor.
- Soft Closed funds: This is where the Investment House has decided to keep running a fund, but will not accept new subscriptions from investors into the fund.
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