Default Replacement Fund: OMR Premier Monthly Income
Closing Fund TER: 1.16%
Default Replacement Fund TER: 1.19%
Objective of Default Replacement Fund: The objective of the fund is to provide an income together with capital growth over the long term, being five years or more. Five years is also the minimum recommended term 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.
Default Replacement Fund: L&G Mixed Investment 0-35% Fund
Closing Fund TER: 0.09%
Default Replacement Fund TER: 0.07%
Objective of Default Replacement Fund: The aim of the fund is to provide growth. The Fund aims to achieve capital growth in excess of the Bank of England base interest rate per annum, the “Benchmark”, before deduction of any charges over rolling three year periods. There is no guarantee that the manager will outperform the Benchmark in any period and capital invested in the Fund is at risk.
New Share Class: W Accumulation
Old TER: 1.02%
New TER: 1.02%
New Name: OMR FTF Martin Currie Global Unconstrained
New Share Class: W Accumulation
Old TER: 0.99%
New TER: 0.99%
New Share Class: W Accumulation
Old TER: 1.07%
New TER: 1.07%
New Share Class: W Accumulation
Old TER: 0.96%
New TER: 0.96%
New Share Class: W Accumulation
Old TER: 0.98%
New TER: 0.98%
New Name: OMR FTF Clearbridge US Value
New Share Class: W Accumulation
Old TER: 1.04%
New TER: 1.04%
New Share Class: W Accumulation
Old TER: 1.04%
New TER: 1.04%
Default Replacement Fund: OMR JPM US Select
Closing Fund TER: 1.28%
Default Replacement Fund TER: 0.58%
Objective of Default Replacement Fund: To provide capital growth by investing in a portfolio of equity securities of US companies. At least 80% of assets invested in equities of companies that are domicled, or carrying out the main part of their economic activity, in the US.
This fund will be closed following receipt of the confirmation of the merger of the external fund managed by Allianz. Customers will be issued with letters outlining your options following the closure.
