The fund’s £5m minimum investment for its institutional share class, previously waived for some platforms, has now been reinstated.
Those with less than £5m are now channelled to the clean P1 share class, launched in Q4 2012.
Some platforms moved to the P1 share class when it launched but those who opted to continue permitting access through the institutional share class have now been told by SLI to place the £5m minimum investment on this offering.
The P1 share class has a higher ongoing charge of 0.89 per cent than the 0.84 per cent on the institutional class.
A spokeswoman for SLI says: “Through a housekeeping exercise, we are now reinstating the original minimum investment levels of £5m to our institutional share class.
“We can now offer the clean P1 share class as an alternative and are keen to realign the institutional share class for true institutional investors.
“The institutional share class is intended for use only by institutional investors who deal directly with SLI or large individual investors who meet the £5m minimum investment.”
Whitechurch Securities head of research Ben Willis says: “Everyone must own part of GARS given the fund size. Taking on more assets has not compromised performance yet but we will keep a close eye on this.”