Alliance Trust North American Equity - Not Ratable

FUND RESEARCH UPDATE: Fund rating changes to Not Ratable following announcement it is to close

Ruli Viljoen 16 May, 2013 | 9:00AM
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Following the announcement that Alliance Trust is to close the Alliance Trust North American Equity fund in June 2013, we have changed the fund’s rating to Not Ratable. The fund previously held a Morningstar OBSR Analyst Rating™ of Bronze.

Alliance Trust took the decision to close the fund following a review of its fund range which also saw the closure of the firm’s European Equity fund. Alliance Trust is offering existing fund holders the opportunity to re-invest into other Alliance Trust funds free of charge or the alternative is to simply sell any outstanding shares in the fund.

To see all the latest fund rating news click here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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