Following the recent news that Miles Geldard is going to step back from fund management at the beginning of next year, while co-manager, Lee Manzi, will assume the role of lead portfolio manager from September 2017, we have decided to suspend the Jupiter Strategic Reserve fund's rating. Mr Geldard will continue to be a member of the team and from next year, he will act as advisor. We do not see this change as particularly concerning but we are looking to have a meeting with Mr Manzi to discuss further his plans and we will update investors after this meeting. Jupiter are also looking to hire an senior individual to work alongside Mr Manzi.