Three Castlestone Funds Close Subscription

Castlestone Management has stopped new subscriptions to three of its funds following a review by the Irish Central Bank.

Castlestone Management has stopped new subscriptions to three of its funds following a review by the Irish Central Bank, FundWeb reports. The affected funds are the Aliquot Commodity fund, the Aliquot Agriculture fund and Intelligent Portfolio (IQ) Asset Allocation fund.

Irish Central Bank has requested additional documentation on the funds. The affected funds will continue to trade and price on a daily basis and redemptions will not be affected.

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