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What does 'on hold' mean?

The RaboDirect Investment Committee may place a fund provider and/or fund 'on hold' if it no longer meets our selection criteria. The Investment Committee will usually only take this action as a temporary measure where the outstanding issues are likely to be resolved within a reasonable timeframe.

If a fund provider is placed 'on hold', the Investment Committee may also decide to remove any or all existing funds of that fund provider in line with the selection criteria. This will prevent customers making new investments into any funds offered by the fund provider.

If you require further information or have any questions regarding managed funds please feel free to contact us.

Managed funds on hold

Below is a list of fund providers and/or funds that the RaboDirect Investment Committee have placed 'on hold'.

• Brook Asset Management Alpha Fund
  • To find out more about Brook Fund click here.
• AXA Global Equities-Bernstein Fund (UT09)
  • To find out more about AXA Funds click here.