Acorn shareholders back proposal enabling Unicorn UK Income fund rollover

Unicorn to waive fees for 12 months

Acorn Income Fund shareholders have approved proposals which will enable investors to roll over their investment into the Unicorn UK Income fund.

The announcement follows a competitive process where the Unicorn UK Income fund, an open-ended fund, was chosen as the rollover fund option for Acorn Income Fund investors by the company's board. Acorn Income share skyrockets as board recommends liquidation of trust The open-ended fund is aligned with the investment objects of Acorn shareholders and will allow the company to retain its exposure to a UK small and mid-cap equity income portfolio. Unicorn has agreed to waive its entry charge and management fees for the UK income fund for 12 months as Acorn shareholders chose to rollov...