The Fund aims to provide a combination of capital growth and income over the long term (5 years or more). It looks to outperform a composite index over rolling 5-year periods, after the deduction of charges. This composite index currently comprises:
▪ 15% FTSE All-Share Index;
▪ 30% MSCI ACWI ex UK Index;
▪ 45% Bloomberg Global Agg x Treasury (GBP Hedged) Index; and
▪ 10% Sterling Overnight Index Average (SONIA).
The Fund is actively managed and invests at least 80% in a range of collective investment schemes and closed ended funds in order to gain exposure to a diversified portfolio of shares and fixed interest securities. Exposure to shares is expected to be in the region of 20-60%.
Revised Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and
income, which is money paid out of investments, such as interest from bonds and dividends from
shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘3’.
The Fund’s risk rating is confirmed by an independent external agency who operate a
range from ‘1’ which is classified as the lowest risk to ’10’ which is classified as the highest risk.
The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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.
Revised Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and
income, which is money paid out of investments, such as interest from bonds and dividends from
shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘3’.
The Fund’s risk rating is confirmed by an independent external agency who operate a
range from ‘1’ which is classified as the lowest risk to ’10’ which is classified as the highest risk.
The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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.
Revised Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and
income, which is money paid out of investments, such as interest from bonds and dividends from
shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘3’.
The Fund’s risk rating is confirmed by an independent external agency who operate a
range from ‘1’ which is classified as the lowest risk to ’10’ which is classified as the highest risk.
The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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.
Revised Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and
income, which is money paid out of investments, such as interest from bonds and dividends from
shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘3’.
The Fund’s risk rating is confirmed by an independent external agency who operate a
range from ‘1’ which is classified as the lowest risk to ’10’ which is classified as the highest risk.
The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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.
Revised Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and
income, which is money paid out of investments, such as interest from bonds and dividends from
shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘3’.
The Fund’s risk rating is confirmed by an independent external agency who operate a
range from ‘1’ which is classified as the lowest risk to ’10’ which is classified as the highest risk.
The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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.
Revised Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and
income, which is money paid out of investments, such as interest from bonds and dividends from
shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘3’.
The Fund’s risk rating is confirmed by an independent external agency who operate a
range from ‘1’ which is classified as the lowest risk to ’10’ which is classified as the highest risk.
The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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.
New name:
OMR Invesco Japanese Equity Advantage Fund (UK)
New Investment Policy:
The Fund invests at least 80% of its assets in shares or other equity related securities of companies
incorporated, domiciled or carrying out the main part of their economic activity in Japan.
In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities (including non-Japanese companies), money-market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
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.
Allianz Global Investors are changing the investment policy of Allianz Gilt Yield Fund to allow it to invest in bonds issued by government owned and / or government sponsored entities. Such investment will be included in the maximum 20% of the Fund which may be invested in non-UK Government bonds. The Fund’s minimum 80% investment in gilts (UK Government bonds) will remain unchanged. By implementing this change to investment policy Allianz will enlarge the investment universe for the Fund and potentially enhance returns, with no additional credit risk – given that any investment in such bonds is subject to the same minimum rating requirements as non-UK government bonds stated in the Fund’s investment policy (i.e. “a rating the same or higher than bonds issued by the United Kingdom Government”).
Allianz Global Investors are changing the investment policy of Allianz Gilt Yield Fund to allow it to invest in bonds issued by government owned and / or government sponsored entities. Such investment will be included in the maximum 20% of the Fund which may be invested in non-UK Government bonds. The Fund’s minimum 80% investment in gilts (UK Government bonds) will remain unchanged. By implementing this change to investment policy Allianz will enlarge the investment universe for the Fund and potentially enhance returns, with no additional credit risk – given that any investment in such bonds is subject to the same minimum rating requirements as non-UK government bonds stated in the Fund’s investment policy (i.e. “a rating the same or higher than bonds issued by the United Kingdom Government”).
