Compare markets for listing funds

Routes to market

As a listed fund, there are three main routes to markets, the Premium Segment of the Main Market, the Specialist Fund Segment of the Main Market and AIM.

Find out which market best suits your needs

Ongoing obligations Premium Main Market SFS AIM
Sponsor/NOMAD Sponsor, for certain transactions NOMAD, retained at all times
Annual financial report
Half-yearly financial report
Publication of inside information as soon as possible
Drawing up and maintaining an Insider List
Major shareholder notification regime
UK Corporate Governance Code Best practice
PDMR disclosures
Pre-emption rights As per company law As per company law
Significant transactions ✔ (if outside investment strategy)

Prospectus/document for further issues

(>20% shares of same class admitted to trading)

If PD thresholds triggered
Changes to investment policy Shareholder approval for material changes No specific requirements Shareholder approval for material changes

A choice of leading global markets

Premium Main Market

Dedicated to closed-ended funds targeting retail and institutional investors.

Specialist Fund Segment

Dedicated to specialist, closed-ended investment funds for professional investors.

AIM

For straightforward closed-ended fund structures seeking retail and institutional investors.

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