Default Replacement Fund: OMR Sarasin Global Dividend Fund
Closing Fund TER: 1.33%
Default Replacement Fund TER: 1.34%
Objective of Default Replacement Fund:
The Manager seeks to grow the value of the Fund over a rolling 5 year period after deducting fees and costs; and to provide 15% more income than the MSCI All Countries World Index (Net). The Manager measures income after adjusting for withholding taxes.
The Manager invests at least 80% of the Fund in the shares of companies from around the world. The Fund also invests in bonds, other funds (including those managed by Sarasin) and cash. 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.
The merging fund will be suspended from 10/07/2025.
Fund suspension has been lifted and dealing recommenced on 20/06/2025.
New Fund Name:
IFSL Ascot Lloyd 3 Fund
New Fund Name:
IFSL Ascot Lloyd 4 Fund
New Fund Name:
IFSL Ascot Lloyd 5 Fund
New Fund Name:
IFSL Ascot Lloyd 6 Fund
New Fund Name:
IFSL Ascot Lloyd 7 Fund
New Fund Name:
IFSL Ascot Lloyd 8 Fund
New Fund Name:
FI Institutional Emerging Markets Equity Fund
New Fund name: CT Responsible UK Income Fund
New Investment Objective: The Fund aims to achieve income with prospects for capital growth over the long term (at least 5 years). It looks to provide a distributable income yield higher than the FTSE All-Share Index over rolling 3-year periods.
