Dealing suspended in 2 Arch Cru Funds:
CF Arch Cru Specialist Portfolio and CF Arch Cru Investment Portfolio (sub-funds of CF Arch Cru Investment Funds, an Investment Company with Variable Capital) (the "Funds")
Capita Financial Managers Limited (“CFM”) as the Authorised Corporate Director of the Fund, has today obtained the agreement of the Funds' Depositary (which is responsible for the safe keeping of the assets of the Funds) to suspend dealing in shares in the Funds, with immediate effect and until further notice.
After consideration of all relevant circumstances relating to the Funds’ assets, we have, in conjunction with Arch Financial Products LLP, the delegated Investment Manager, come to the conclusion that current market conditions have led to the significant illiquidity of the assets of the Funds and in light of this we consider it is in the interests of all Shareholders in the Funds to suspend the issue, cancellation, sale, redemption and transfer of shares in the Funds.
During the period that share dealing is suspended no requests to redeem, purchase or transfer shares in the Funds will be accepted. In the event that CFM elects to resume dealing in the shares of the Funds, we will write to all Shareholders informing them of this fact.
We are currently reviewing the options for the Funds and we will keep all shareholders appropriately informed about the suspension, including its likely duration.
If shareholders have any questions regarding this suspension of dealing please contact us on 0845 6080958 or alternatively email us at Technical.services@capitafinancial.com