UNITED STATES

SECRUITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

(Amendment No.___)

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LIBERTY ALL-STAR EQUITY FUND

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(name of Registrant as Specified in its Charter)

 

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LIBERTY ALL-STAR® EQUITY FUND

IMPORTANT INFORMATION FOR SHAREHOLDERS

Dear Shareholder:

 

We recently mailed proxy materials to you for the upcoming Special Meeting of Shareholders that is scheduled for November 19, 2015. The materials describe the proposal and ask for your vote on this important matter.

 

Shareholders of the Fund are being asked to vote on a proposal to approve a new Portfolio Management Agreement among the Fund, ALPS Advisors, Inc. and Delaware Investments Fund Advisers, a series of Delaware Business Management Trust (“Delaware  Investments”).  The terms of the New Agreement with Delaware Investments are materially the same as the terms of the Old Agreement with Schneider Capital Management, Inc. (“Schneider”).  The fee rate for Delaware Investments under the New Agreement is the same as the fee rate for Schneider under the Old Agreement.  For more information about the proposal, please refer to the proxy statement which is available at www.all-starfunds.com.

 

 

 

Voting is quick and easy.  Please vote now using one of these methods:

Your vote is very important and it’s easy to vote.  We hope you will take a few minutes to vote your shares.

 

As always, thank you for investing with Liberty All-Star Equity Fund.