Under UK reporting fund status, investors will be required to include in their tax return any distributions received (which does not include sums received on a redemption of shares) during the year and their proportionate share of reportable income in excess of any distributions received. The proportionate share of the reportable income is calculated as follows:
Total number of shares held by the investor x Reportable income per share in each series at year end (i.e .30.09.2019)