Default replacement fund: OMR L&G UK Property Feeder
Default replacement fund objective: The objective of the Fund is to achieve income and capital growth by investing solely in the Legal & General UK Property Fund (the “Master Fund”). While the Fund aims to be 100% invested in the Master Fund, it may hold cash where necessary to enable the making of payments to Unitholders or creditors. This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
Default Replacement Fund: OMR Stewart Investors Global Emerging Markets Leaders
Closing fund TER: 1.02%
Default Replacement Fund TER: 1.2%
The closing fund has been suspended since March 2022. Once the proceeds from the closure have been received from the Fund Manager shortly after the closure date, each customer will receive units in the default replacement fund named above within 4 weeks equivalent to the value owed to each. This will be processed at the prices effective on the closure date.
Default Replacement Fund: OMR Liontrust UK Smaller Companies
Closing fund TER: 1.19%
Default Replacement Fund TER: 1.2%
Default Replacement Fund: OMR Rathbone Global Opportunities
Closing Fund TER: 1.46%
Default Replacement fund TER: 1.06%
The closing fund will be suspended from 2 August 2022.
Default Replacement Fund: OMR Artemis UK Select (ex-M&G)
Closing Fund TER: 0.95%
Default Replacement fund TER: 0.95%
The closing fund will be suspended from 26 September 2022.
Default Replacement Fund: OMR Stewart Investors Global Emerging Markets Leaders
Closing Fund TER: 1.59%
Default Replacement fund TER: 1.20%
The closing fund is already suspended, customers will be switched into the continuing fund from up to four weeks following the closure date.
Default Replacement Fund: OMR Jupiter Global Equity Absolute Return
Closing Fund TER: 1.05%
Default Replacement fund TER: 1.1%
Default Replacement fund: OMR Deposit
Closing fund TER: 1.50%
Default Replacement fund TER: 0.11%
Following recent events in Ukraine and the volatile market conditions that have resulted, particularly in those assets linked to the Russian economy, we have been advised that the original default replacement fund for this closure, the OMR ASI Eastern Europe fund, has been suspended until further notice. Therefore we have taken the decision to return proceeds from this sale in the form of units in the OMR Deposit fund, shortly after receipt from Invesco.
Please note: the OMR Deposit fund is not intended as a long-term investment and it’s important that you review your investment and change as necessary.
Default Replacement fund: OMR ASI Eastern European Equity
Closing fund TER: 1.50%
Default Replacement fund TER: 1.02%
The closing fund will be suspended from 4 March.
Closing Fund: OMR FTF Western Asset Retirement Income Bond – Total Expense Ratio 0.44%
Default Replacement Fund: OMR ASI Strategic Bond – Total Expense Ratio 0.77%
The closing fund will be suspended from 31 January.
