UK Mutual Funds Teach A Lesson – If You Can’t Touch It, You Don’t Own It

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UK Mutual Funds Teach A Lesson – If You Can’t Touch It, You Don’t Own It

UK Mutual Funds – If You Can’t Touch It, You Don’t Own It by Jeff Thomas, Sprott Money

The pending Brexit has, not surprisingly, caused a shakeup in the investment world, particularly in the UK. Of particular note is that, recently, asset management firms in Britain began refusing their clients the right to cash out of their mutual funds. Of the £35 billion invested in such funds, just under £20 billion has been affected.

For those readers who live in the UK, or are