July 2011
Urgent and Important Notice : SWIP North American Smaller Companies Fund
You will be aware that we are in the process recommending changes to your portfolio.
We have just been informed that the SWIP North American Smaller Companies Fund which has been in your portfolios is being closed down by Scottish Widows. The decision has been made for their own internal reasons and you have no option but to move the money which you have had in that fund to another fund immediately as we have been given a deadline of 27th, July.
We can arrange to move your money now without charge or penalty to you but if you do not take action yourself then Scottish Widows will themselves sell your investment and charge you with the cost of doing this.
It is vital therefore that you give us your authority immediately to change this fund over to the Threadneedle American Smaller Companies Fund which is in line with our overall recommendations for your portfolio.
Providing us with your authority
You can give us your authority by contacting us via email at advice@argylefinancialgroup.com - including your name in the body of the email, or by telephone on: 0845 604 6285
Unfortunately this fund closure has come at the same time as we are asking you to confirm your attitude to risk and to accept our portfolio recommendations. We do appreciate that this may be a little confusing and to try and help we will be contacting you directly in the next few days to go over the various items and make sure that everything is done correctly.
Please do make contact with us if you want to discuss this or any other aspect of your portfolio or other financial matter. |
