New Investment Objective:
To generate growth over the long term (5 years or more) by investing in North American equities (company shares). The Fund aims to achieve a return in excess of the S&P 500 Index over rolling five years (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. 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 Fund Name: abrdn UK Real Estate Share Fund
New Investment Objective
To generate growth and income over the long term (5 years or more) by investing in UK property-related equities (company shares) including listed closed ended real estate investment trusts (“REITs”). The Fund aims to achieve a return in excess of the FTSE EPRA Nareit UK Index over rolling five year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target.
New Investment Objective:
To generate growth over the long term (5 years or more) by investing in UK small-capitalisation equities (company shares). The Fund aims to achieve a return in excess of the Deutsche Numis Smaller Companies Plus AIM ex Investment Companies Index over rolling five year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target.
New Investment Objective:
To generate income and some growth over the long term (5 years or more) by investing in Sterling-denominated investment grade corporate bonds. The Fund aims to be top quartile within the fund’s peer group, defined as the Investment Association Sterling Corporate Bond Sector, over rolling five-year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. 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 Investment Objective:
To generate income and some growth over the medium to long term (3 to 5 years) by investing in UK Government bonds with a maturity of up to five years. The Fund aims to achieve a return in excess of the FTSE Actuaries UK Conventional Gilts (1-5 Years) Index over rolling three year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. 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 Investment Objective:
To generate income and some growth over the long term (5 years or more) by investing in government and corporate bonds issued anywhere in the world. The Fund aims to be top quartile within the fund’s peer group, defined as the Investment Association Sterling Strategic Bond Sector over rolling five year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. It has been chosen as the target as the constituents of the sector have similar aims and objectives. 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 Investment Objective:
To generate growth and income over the long term (5 years or more) by investing in UK property-related equities (company shares) including listed closed ended real estate investment trusts (“REITs”). The Fund aims to achieve a return in excess of the FTSE EPRA Nareit UK Index over rolling five year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. 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.
Current TER: 0.55%
New TER: 0.44%
On the 1st May 2025 we were informed by Ninety One Fund Managers (UK) that the Ninety One Multi-Asset Protector Fund would be merged with the Ninety One Diversified Income Fund on the 16th May 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR Ninety One Diversified Income Fund
Closing Fund IMC: 1.32%
Default Replacement Fund IMC: 0.94%
Objective of Default Replacement Fund:
The Fund aims to provide income with the opportunity for capital growth (to grow the value of your investment) over at least five years. The Fund seeks to limit volatility (the pace or amount of change in its value) to lower than 50% of that of shares of UK companies (measured using the FTSE All Share Index). The Fund invests in a broad range of assets around the world. These assets include bonds (or similar debt-based assets), shares of companies, listed property securities (such as real estate investment trusts) and other alternative assets (such as investment trusts in infrastructure). Investments may be held directly in the asset itself (excluding commodities and property) or indirectly (e.g. using derivatives (financial contracts whose value is linked to the price of an underlying asset), exchange traded products and/or funds). 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. Customers will be invested in the new fund from 16/05/2025, but these changes may not be visible until up to 2 weeks following this date.
Current TER: 0.11%
New TER: 0.12%
