Clerical Medical was to go ahead with the conversion of 13 unit trusts into 11 sub-funds of an Oeic ...
Clerical Medical was to go ahead with the conversion of 13 unit trusts into 11 sub-funds of an Oeic in March. The General Equity and Special Situations funds were to be merged into the UK Growth fund, currently called the Pedigree Growth fund. The total value of UK Growth, managed by Mark Costar, was to be around £300m. The Pedigree fund was ranked 20 out of 255 funds over one year and 11 out of 220 funds over a three-year period.
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