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.
New name: Liontrust UK Equity
New ACD: Liontrust Fund Partners LLP
New objective: The Fund aims to achieve a combination of income and capital growth and to outperform the ICE BofA Sterling Non-Gilt Index, net of charges, over rolling five-year periods. The Fund invests at least 80% of the value of its property in Sterling-denominated (or hedged back to Sterling) investment grade debt securities issued by companies located anywhere in the world. 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 Liontrust UK Smaller Companies
Closing fund TER: 1.19%
Default Replacement Fund TER: 1.2%
New fund: OMR QI Sterling Corporate Bond Fund
TER of new fund: 0.97%
Customers will hold the new fund from 1st August, however this may not be relfected on plans immediately.
To allow this event to take place, the merging fund is currently suspended.
New Fund Name: OMR Aegon UK Sustainable Opportunities
New Fund Name: LGIM Future World Inflation Sensitive Annuity Aware Fund
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.
