New name – OMR Jupiter Flexible Macro
New objective – To provide a positive total return, net of fees, higher than SONIA GBP independent of market conditions over a 3-year rolling period.
Capital invested in the fund is at risk and there is no guarantee that the investment objective will be achieved over the 3-year rolling periods or in respect of any other time period.
The fund can invest in a wide range of assets to achieve its investment objective, including shares of companies, fixed interest securities and entering into derivative transactions for investment purposes. The investment manager seeks to identify global investment themes and opportunities through a macro-economic driven investment process involving analysis of large-scale economic trends, including economic fundamentals (such as growth, inflation, manufacturing, industrial production and consumer spending), monetary and fiscal policy, and market sentiment.
Dealing will recommence for the valuation point of Thursday 16th September 2021. Fund has been suspended to accommodate a share class conversion being carried out by Franklin Templeton Funds on the underlying fund.
Default Alternative Fund: QI US Equity Growth
Default Alternative Fund: Jupiter UK Alpha
Default Alternative Fund: Jupiter UK Mid Cap
Default Alternative Fund: Ninety One UK Special Situations
Default Alternative Fund: Jupiter Global Emerging Markets Focus
Default Alternative Fund: BNY Mellon Global Equity
New Fund Name: OMR AXA Framlington UK Sustainable Equity
New Objective:
The underlying fund aims to provide long-term capital growth over a period of 5 years or more by having at least 70% of its investments in shares of companies domiciled, incorporated or having significant business in the UK which the Manager believes will provide above-average returns. The underlying fund invests at least 80% of its investment in shares in large and medium sized companies.
The Manager aims to select companies that it deems will create a net positive contribution to society. These companies will either demonstrate leadership on sustainability issues through strong environmental, social and governance {ESG) practices {“leaders”) or will have shown a clear commitment to improve their ESG practices {“companies in transition”). The majority of the underlying fund’s investments {50% or more) will be in “leaders”.
Dealing will recommence for the valuation point of Monday 26 July 2021
