The Jupiter Green investment trust is shutting down, after the board announced it will propose a scheme of reconstruction and voluntary liquidation to shareholders amid challenges posed by the “structural nature of the company's challenges”.
As part of the liquidation process announced today (19 December), shareholders can choose either to roll over their investments into units in the Jupiter Ecology fund, or to opt for an uncapped cash exit at a modest discount to net asset value. Outlook 2025: What next for investment trusts according to the AIC, Winterflood and Temple Bar Jupiter Green's board will issue a circular to shareholders containing a notice of general meetings that outlines the details of the scheme in due course. The move comes on the back of "structural nature of the company's challenges", according to t...
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