Default Replacement Fund: L&G Schroder Prime UK Equity Fund
Closing Fund TER: 0.84%
Default Replacement Fund TER: 0.41%
Objective of Default Replacement Fund:
The Fund aims to provide capital growth in excess of the FTSE All Share (Gross Total Return) index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of UK companies. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of UK companies. These are companies that are incorporated, headquartered or have their principal business activities in the UK. The Fund may also invest directly or indirectly in other securities (including in other asset classes), countries, regions, industries or currencies, collective investment schemes (including Schroder funds), warrants and money market instruments, and hold cash. The Fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the Fund more efficiently. The merging fund will be suspended from 10/06/2025.
Default Replacement Fund: L&G Schroder Prime UK Equity Fund
Closing Fund TER: 0.84%
Default Replacement Fund TER: 0.41%
Objective of Default Replacement Fund:
The Fund aims to provide capital growth in excess of the FTSE All Share (Gross Total Return) index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of UK companies. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of UK companies. These are companies that are incorporated, headquartered or have their principal business activities in the UK. The Fund may also invest directly or indirectly in other securities (including in other asset classes), countries, regions, industries or currencies, collective investment schemes (including Schroder funds), warrants and money market instruments, and hold cash. The Fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the Fund more efficiently. The merging fund will be suspended from 10/06/2025.
New Investment Objective:
To generate growth over the long term (5 years or more) by investing in Asia Pacific, excluding Japan equities (company shares). The Fund aims to achieve a return in excess of the MSCI AC Asia Pacific ex Japan 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 emerging markets equities (company shares). The Fund aims to to achieve a return in excess of the MSCI Emerging Markets 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.
New Investment Objective:
To generate growth over the long term (5 years or more) by investing in Asia Pacific, excluding Japan equities (company shares). The Fund aims to achieve a return in excess of the MSCI AC Asia Pacific ex Japan 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.
New Investment Objective:
To generate growth over the long term (5 years or more) by investing in emerging markets equities (company shares). The Fund aims to to achieve a return in excess of the MSCI Emerging Markets 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 European equities (company shares). The Fund aims to achieve a return in excess of the FTSE World Europe ex 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.
New Investment Objective:
To generate growth and income over the long term (5 years or more) by investing in European 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 Developed Europe 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.
New Investment Objective:
To generate growth over the longer term (5 years or more) by investing in European smaller capitalisation equities (company shares). The fund aims to achieve a return in excess of the FTSE Developed Europe Small Cap 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.
To generate growth over the long term (5 years or more) by investing in equities (company shares) worldwide. The Fund aims to achieve a return in excess of the MSCI AC World 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.
