Correction

In last week\'s Fund Strategy the news item \"Board votes to blitz F&C fund to repay investors\" incorrectly asserted that the board of F&C Event Driven Fund currently holds 75% of the shareholdings.

In last week’s Fund Strategy the news item “Board votes to blitz F&C fund to repay investors” incorrectly asserted that the board of F&C Event Driven Fund currently holds 75% of the shareholdings. The decision of the board to liquidate the portfolio was taken to ensure that the fund complied with the Listing Rules, which state that 25% of shares in any share class must be distributed to the public.