Reminder: First State to soft close Sustainability funds this year

By Mark Hoskin, IFA at Holden & Partners

11 November 2011 | Market News | Comments (0)


This is a reminder to advisers that the First State have announced that as of the 1st January 2012 any investment into First State Asia Sustainability and First State Global Emerging Markets Sustainability will incur an initial charge of 4% of the amount invested for all investors.

This increase in initial charge is known as a soft close, because while it is not closed it deliberately makes the fund very expensive to buy compared to other investment funds, which effectively stops investors buying the fund. First State are soft closing a number of funds this year, including the Asia Pacific Sustainability and Global Emerging Markets Sustainability funds.

The following funds are being soft closed as of 1st January 2012:

  • First State Asia Pacific Sustainability
  • First State GEM Sustainability
  • First State Greater China Growth
  • First State Latin America
  • First State Indian Sub-Continent

Related funds:

First State Asia Pacific Sustainability
First State Global Emerging Markets Sustainability

Tags: Asia | Multi-thematic |

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Mark Hoskin is a Partner at Holden & Partners. Holden & Partners are Chartered Financial Planners who provide financial advice to high net worth clients, the majority of whom have a significant interest in ethical or environmental issues.

Mark Hoskin graduated with a History degree from Keble College, Oxford and went on to become a Chartered Accountant with Price Waterhouse. He cofounded Holden & Partners in 2003 and is a Certified Financial Planner and Chartered Financial Planner. Holden & Partners set up Worldwise Investor to help both advisers and investors understand quickly and easily how they can benefit from ethical and environmental investment in the UK market.


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