Rating Change for Kames Ethical Cautious Managed

We are pleased to announce that we have reintroduced Kames Ethical Cautious Managed into the Academy of Funds with a Responsible A rating. The fund was suspended following a number of senior departures from the fixed income team in 2018. Since then, Kames have made a number of senior hires to replace those who left the team. Importantly, the fund’s well regarded fund managers, Audrey Ryan and Iain Buckle, continue to run the fund as they always have and we are now comfortable reinstating the fund's rating.