The ASI Eastern European Equity Fund was suspended for investor transactions from the valuation point at midday GMT on 1 March 2022. As Authorised Fund Manager of the Fund, we are required to formally review the suspension with the Trustee and Depositary at least every 28 days.
Due to the on-going conflict between Russia and Ukraine, trading of assets in the Fund’s markets continues to be very challenging and we are unable to allow investor transactions without compromising the best interests of all investors. As such the current suspension of the fund will continue.
We will continue to keep you updated and thank you for your patience and understanding in these difficult times.