On 5 September 2025 we were informed by SVM Asset Management Limited that the SVM Continental Europe Fund would be merged with the RGI European Fund on 19 September 2025 and, as a result, there will be a change to the fund customers currently hold.
Default replacement fund: OMR RGI European Fund
Closing Fund TER: 1.62%
Default Replacement Fund TER: 0.90%
Objective of Default Replacement Fund:
The investment objective of the fund is to achieve a return (income and growth in the value of your investment (known as “capital growth”)) over a rolling period of at least five years, by investing in a core concentrated portfolio of shares of European companies (typically numbering between 30 and 50). A rolling period of at least five years has been chosen because it is broadly similar to the length of an average business cycle.
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 19 September 2025, but these changes may not be visible until up to two weeks following this date.
New Investment Objective:
To provide the potential for long term growth by investing directly or indirectly into a portfolio of North American securities, which may be selected from all economic sectors.
New Investment Objective:
To provide the potential for long term growth by investing directly or indirectly into a portfolio of North American securities, which may be selected from all economic sectors.
Old TER: 0.90%
New TER: 0.77%
New Fund Name:
Aegon Investment Grade Bond Fund
Current IMC: 0.53%
New IMC: 0.39%
New investment objective:
The Fund aims to provide capital growth in excess of the MSCI Emerging Markets 10/40 (Net Total Return) index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of emerging markets companies worldwide.
The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of emerging market companies worldwide. 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: 1.65%
New TER: 1.42%
Current TER: 1.65%
New TER: 1.42%
Current TER: 1.175%
New TER: 0.93%
