Closure of Global Alpha Fund, a sub-fund of RGI Funds ICVC

Closure of RGI Global Alpha Fund (the “Fund”), a sub-fund of RGI Funds ICVC (the “ICVC”)

After carrying out a review of the future prospects of the Fund, the Board of RGI Fund Management Limited (the “ACD”) have taken the decision to close the Fund, as we now consider this to be in the best interest of shareholders.

Why are we closing the Fund?

The Fund’s assets under management have decreased significantly, and we currently do not expect meaningful future investment. Having consulted River Global Investors LLP (the investment manager of the Fund) we have concluded it to be in the best interests of shareholders to close the Fund as it is becoming increasingly difficult to manage such a small fund. The costs of doing so are also disproportionate.

All shareholder dealings in the Fund will cease with effect from 11.59 a.m. on the Closure Date (currently expected to be 13 March 2026).

To read the full shareholder announcement, please click here

Back to all

IMPORTANT NOTICE

For professional investors only.

This document has been prepared by River Global Investors LLP (“RGI”). RGI is authorised and regulated in the United Kingdom by the Financial Conduct Authority (Firm Reference No. 453087) and is registered in England (Company No. OC317647), with its registered office at 30 Coleman Street, London EC2R 5AL. The value of investments and any income generated may go down as well as up and is not guaranteed. An investor may not get back the amount originally invested. Past performance is not a reliable guide to future results. Changes in exchange rates may have an adverse effect on the value, price or income of investments. This article does not constitute an investment recommendation and should not be used as the basis for any investment decision. Opinions, estimates and projections in this article constitute the current judgement of the author as of the date of this article. Please note that individual securities named in this article may be held by the Portfolio Manager or persons closely associated with them and/or other members of the Investment Team personally for their own accounts. The interests of clients are protected by operation of a conflicts of interest policy and associated systems and controls which prevent personal dealing in situations which would lead to any detriment to a client.