We have selected a new nominee and custodian for your investments. Following a review of the providers in the market, we have selected Mainspring Fund Services Limited, an experienced firm that we have been monitoring for several years. This decision follows the acquisition in 2020 of Shares Nominees Limited (“SNL”), the nominee for Oxford Capital’s funds, by Interactive Investor. In January of this year, they announced they were withdrawing from providing custody services to small, unlisted companies and associated EIS investment managers. The termination date for providing services is 9 April 2021.
This change will have very little impact on your investments from a practical level and all information on your holdings can be accessed through our secure online portal – https://investorcentre.oxcp.com/sign-in. You can find the letter sent to you regarding the changes to custody fees within the ‘Other Correspondence’ folder on the portal.
