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
| Entry requirements | Premium Main Market | SFS | AIM |
|---|---|---|---|
| Transferable securities to be freely negotiable | ✔ | ✔ | ✔ |
| Type of funds | Closed ended | Closed ended | Closed ended |
| Offering document |
UKLA approved prospectus |
UKLA approved prospectus |
AIM admission document |
| Audited historical financial information | 3 years* | 3 years* | 3 years* |
| UK Corporate Governance Code | Applies | ☓ | Code of choosing |
| Sponsor/NOMAD | Sponsor | ☓ | NOMAD |
| Free float | 10% | No prescriptive free float | No prescriptive free float |
| Working Capital Statement | Unqualified for 12 months | PD disclosure - can be qualified | Unqualified for 12 months |
| Investment diversification | ✔ | ☓ | ☓ |
| No more than 10% invested in other closed ended funds | ✔ | ☓ | ☓ |
| Feeder funds | ✔ (The feeder has to control the master) | ✔ | ✔ |
*or such shorter period that the entity has been in operation
A choice of leading global markets
Dedicated to closed-ended funds targeting retail and institutional investors.
Dedicated to specialist, closed-ended investment funds for professional investors.
For straightforward closed-ended fund structures seeking retail and institutional investors.
Discover more
Interested in listing with London Stock Exchange?
If you’d like to talk to us about listing your investment funds on the London Stock Exchange, please contact us via the form and a member of our team will be in touch to see how we can help you establish in London and start growing globally.
Head of Platforms and Product, Primary Markets
Business Development Manager, Primary Markets
Business Development Manager, Primary Markets
Senior Manager, Product Development