New objective from 25/06/2021: The Trust aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period solely through investment in M&G Property Portfolio.
New fund name: OMR VT Momentum Diversified Growth
New objective: The underlying fund aims to achieve capital growth over the long term (5 years) by investing in a balanced and well diversified portfolio of UK and International equities which the Investment Manager expects to grow in value as well as some fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes (which may include funds managed and/or operated by the ACD or Investment Manager), money markets and cash deposits to provide further diversification to the underlying fund in accordance with applicable regulations.
Old objective: The underlying fund aims to achieve long-term capital growth by investing in a balanced and well diversified portfolio of UK and International equities, and fixed interest securities including government and corporate bonds.
New fund name: OMR VT Momentum Diversified Income
New objective: The underlying fund aims to provide income over the medium to long term (3-5 years) by investing in a balanced and well diversified portfolio of UK and International equities which the Investment Manager expects to be able to generate income (i.e. dividends) as well as some fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes (which may include funds managed and/or operated by the ACD or Investment Manager), money markets and cash deposits to provide further diversification to the underlying fund in accordance with applicable regulations.
Old Objective: The underlying fund aims to provide a high level of growing income by investing in a balanced and well diversified portfolio of UK and International equities, fixed interest securities including government and corporate bonds.
New fund name: OMR Professional Fidelity Sustainable European Equity
New Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region) which maintain sustainable characteristics.
Old Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region).
New fund name: OMR Fidelity Sustainable European Equity
New Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region) which maintain sustainable characteristics.
Old Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region).
New fund name: OMR Legg Mason IF Martin Currie Global Unconstrained
New Objective: To provide long-term (over five or more years) capital appreciation, through investment of at least 80% of the net asset value of the fund in a portfolio of global equity and equity related securities.
Old Objective: To achieve income, with the potential for capital growth over the long term (over five or more years), by investing in securities of companies listed globally.
New fund name: OMR Premier Miton Optimum Income
New Objective: To provide a yield of 7% per annum together with the prospect of capital growth over the long term, being five years or more. Five years is also the minimum recommended period for holding shares in this Fund. This does not mean that the Fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The Investment Adviser aims to achieve the objective of the Fund by investing in an actively managed portfolio with a minimum of 80% of its assets in shares in companies listed in the UK.
Old Objective: To provide a high level of income together with the prospect of long-term capital growth from an actively managed portfolio of equities. The Fund has a target yield of 7% p.a., after fees, and it is intended that the target level will remain consistent over time. However, the target yield is not guaranteed
New fund name: OMR Premier Miton Multi-Asset Conservative Growth
New Objective: To provide capital growth over the long-term, being five years or more in all market conditions. Five years is also the minimum recommended period for holding shares in this Fund. This does not mean that the Fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The fund will invest in a globally diversified lower risk portfolio of investments covering different asset classes.
Old Objective: To achieve steady capital growth by investing principally in a portfolio of securities which, in the manager’s opinion, are lower risk securities and which will produce capital appreciation over the longer term.
New fund name: OMR Jupiter Global Financial Innovation
New objective: To provide capital growth over rolling 5-year periods by investing at least 70% in shares of companies linked to financial innovation based anywhere in the world.
Old Objective: To achieve long term capital growth principally through investment in equities and equity related securities of financial sector companies on an international basis, but with the power to invest in other asset types when the Manager considers it appropriate for market conditions.
New fund name: OMR Aegon Sustainable Diversified Growth
New objective: To deliver a total return (capital growth plus income) that exceeds the UK Retail Prices Index by at least 4% per annum over any 5 year period. By investing in the Fund, capital is at risk. There is no guarantee that the Fund will deliver positive returns over this, or any, time period. The fund is a flexible multi-asset fund that invests across a range of asset classes on a global basis, taking into account factors such as global economic trends and growth opportunities. As a result, at any one time the fund may be diversified across asset classes, sectors, currencies or geographies in various proportions. At least 80% of the fund will usually consist of equities, corporate bonds and government and public securities and derivatives, with some flexibility to hold high levels of cash to meet the investment objective. All of the fund’s investments are subject to the Authorised Corporate Director’s (ACD) sustainability criteria relevant for each asset class. The ACD will, firstly, apply an exclusionary screen to exclude investments which the ACD considers have a negative impact on society and/or the environment.
