Chrysalis VCT misquoted

Letters

Richard Eliott Lockhart, Kreis Consulting Dear Editor, The article in Investment Week dated Mond...

Richard Eliott Lockhart, Kreis Consulting Dear Editor, The article in Investment Week dated Monday 20 March 2006 suggested certain funds that did not raise their minimum could withdraw their offer. Unfortunately Chrysalis VCT was erroneously used as an example based on information sourced from the Allenbridge Tax Shelter Report website and we are writing to correct this statement. As a reminder, the issue is of two new share classes of an existing company, Chrysalis VCT, which means that the offer will proceed regardless of fund size. The maximum initial charge regardless of fund si...