New fund name: OMR VT Sinfonia Cautious Managed Portfolio
New ACD: Valu-Trac Investment Management Limited
Old ACD: Investment Fund Services Limited
New TER: 1.64%
Old TER: 1.71%
New objective: The underlying fund aims to provide returns over the long term (5 years) by a combination of both capital growth and income generation. The underlying fund will invest in a diversified portfolio of equities as well as fixed interest securities, warrants and money market instruments primarily (at least 70%) through investment in a portfolio of collective investment schemes (which may include those managed and/or advised by the Authorised Corporate Director (VT) or Investment Manager). The underlying fund will typically be invested in a global portfolio of assets and may also focus on UK assets.
Old objective: The underlying fund aims to provide long term returns, by a combination of both capital growth and income generation, investing in a diversified portfolio of equities as well as fixed interest securities, warrants and money market instruments primarily through investment in a portfolio of collective investment schemes.
New fund name: OMR VT Sinfonia Adventurous Growth Portfolio
New ACD: Valu-Trac Investment Management Limited
Old ACD: Investment Fund Services Limited
New TER: 1.76%
Old TER: 1.81%
New objective: The underlying fund aims to provide returns over the long term (5 years) by a combination of both capital growth and income generation. The underlying fund will primarily invest (at least 70%) in a diversified portfolio of fixed interest securities and equities, as well as warrants, and money market instruments, through investment in a portfolio of collective investment schemes (which may include those managed and/or advised by the Authorised Corporate Director (VT) or Investment Manager). The underlying fund will typically be invested in a global portfolio of assets but may also focus on UK assets.
Old objective: The underlying fund aims to provide long term capital growth by investing in a diversified portfolio of fixed interest securities and equities, as well as warrants, and money market instruments, through investment in a portfolio of collective investment schemes.
Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.
Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.
Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.
Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.
Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.
Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.
New Objective:
The underlying fund aims to provide income and capital growth in excess of the ICE B of A Sterling 3 month Government Bill Index (after fees have been deducted) over a three to five year period by investing in fixed and floating rate securities of companies worldwide but this cannot be guaranteed and your capital is at risk.
We are changing the pricing basis that we usually use on a daily basis to value the ReAssure Life fund range from expanding to contracting from 4th May 2021.
The contracting price is based on the price issued by the Manager of the underlying fund to sell units (the ‘bid’ price), whereas the expanding price is based on the price to buy units in the underlying fund (the ‘offer’ price). The ‘bid’ price will be lower than the ‘offer’ price due to the additional expenses involved when the underlying fund manager needs to buy additional assets.
By carrying out this change, customer valuations will reflect the pricing basis that they are likely to receive on exiting the fund in question.
The expanding pricing basis may still be used on days where there is more investment into the fund than taken out.
