On the 18/06/2026 we were informed by Janus Henderson Fund Management UK Limited that the Janus Henderson European Mid and Large Cap Fund would be closed. Customers will be moved into the Janus Henderson European Focus Fund on the 02/07/2026. As a result, there will be a change to the fund customers currently hold.
Default replacement fund: Janus Henderson European Focus Fund
Closing Fund IMC: 0.68%
Default Replacement Fund IMC: 0.68%
Objective of default replacement fund:
The Fund aims to provide a return, from a combination of capital growth and income over the long term (5 years or more). The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in Europe (excluding UK). Companies will be incorporated, headquartered, listed on an exchange in, or deriving significant revenue from, this region. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings.
Customers will be invested in the new fund from 02/07/2026, but these changes may not be visible until up to two weeks following this date.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR CT MM Navigator Boutiques Fund would be merged with the OMR CT Multi-Manager Universal Adventurous Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Adventurous Fund
Closing Fund TER: 1.81%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with an adventurous risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective
investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR BMO MM Navigator Growth Fund would be merged with the OMR BMO Multi-Manager Universal Growth Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Growth Fund
Closing Fund TER: 1.65%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a growth risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR CT MM Navigator Growth Fund would be merged with the OMR CT Multi-Manager Universal Growth Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Growth Fund
Closing Fund TER: 1.65%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a growth risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR CT MM Navigator Balanced Fund would be merged with the OMR CT Multi-Manager Universal Balanced Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Balanced Fund
Closing Fund TER: 1.73%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a balanced risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the CT MM Navigator Cautious Fund would be merged with the CT Multi-Manager Universal Cautious Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: CT Multi-Manager Universal Cautious Fund
Closing Fund TER: 1.63%
Default Replacement Fund TER: 0.65%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the L&G CT MM Navigator Cautious Fund would be merged with the L&G CT Multi-Manager Universal Cautious Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: L&G CT Multi-Manager Universal Cautious Fund
Closing Fund TER: 1.63%
Default Replacement Fund TER: 0.65%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR CT MM Navigator Cautious Fund would be merged with the OMR CT Multi-Manager Universal Cautious Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Cautious Fund
Closing Fund TER: 1.54%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 24 September 2025 we were informed by SVM Asset Management Limited that the SVM World Equity Fund would be merged with the RGI Compound Global Equity on 24 October 2025 and as a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR RGI Compound Global Equity
Closing Fund TER: 1.61%
Default Replacement Fund TER: 0.99%
Objective of Default Replacement Fund: The investment objective of the Fund is to grow the value of your investment (known as “capital growth”) over a rolling 5 year period, after the deduction of all fees. Although the Fund aims to deliver capital growth over a rolling 5 year period, there is no guarantee that this will be achieved over this time period, or any time period. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result. At least 80% of the Fund will be invested in shares of global companies, including in Emerging Markets.
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. Customers will be invested in the new fund from 24 October 2025, but these changes may not be visible until up to two weeks following this date.
On 24 September 2025 we were informed by SVM Asset Management Limited that the SVM UK Opportunities Fund would be merged with the RGI UK Opportunities Fund on 24 October 2025 and as a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR RGI UK Opportunities Fund
Closing Fund TER: 1.38%
Default Replacement Fund TER: 0.87%
Objective of Default Replacement Fund: The investment objective of the Fund is to grow the value of your investment (known as “capital growth”) in excess of the MSCI United Kingdom Investable Market Index (IMI) Net Total Return (the “Benchmark”) over a rolling 5 year period, after the deduction of all fees. Although the Fund aims to deliver capital growth over a rolling 5 year period, there is no guarantee that this will be achieved over this time period, or any time period. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result. At least 80% of the Fund will be invested in shares of UK companies (companies which are domiciled or incorporated in, or have significant economic exposure to the UK).
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. Customers will be invested in the new fund from 24 October 2025, but these changes may not be visible until up to two weeks following this date.
