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.
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