New Fund Name:
L&G Pension Trinity Bridge Conservative Portfolio Fund
New Fund Name:
L&G (Life & Pension) Trinity Bridge Balanced Portfolio Fund
New Fund Name:
L&G (Life & Pension) Trinity Bridge Growth Portfolio Fund
Old share class: Classic Capitalisation
Old TER: 1.59%
New share class: Privilege Capitalisation
New TER: 1.08%
New Investment Objective:
The investment objective of the Fund is to outperform (net of fees) the FTSE World Europe ex UK Index (GBP, GDTR) over rolling 5 year periods from an actively managed portfolio. The Fund seeks to achieve its objective by investing, directly or indirectly, at least 80% of its assets in the equities of companies domiciled, incorporated or carrying a significant proportion of their business in continental Europe (which includes any European country, except the UK), which are listed on European stock exchanges.
New Investment Objective:
The investment objective of the Fund is to outperform (net of fees) the FTSE World Europe ex UK Index (GBP, GDTR) over rolling 5 year periods from an actively managed portfolio. The Fund seeks to achieve its objective by investing, directly or indirectly, at least 80% of its assets in the equities of companies domiciled, incorporated or carrying a significant proportion of their business in continental Europe (which includes any European country, except the UK), which are listed on European stock exchanges. 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.
We can confirm that we are expecting to receive a Fifth payment from M&G which we will be passing on to customers shortly after. Those customers invested in the impacted funds will have their payments added to their plans in the following replacement funds:
OMR M&G Feeder of Property Portfolio > OMR L&G Property Feeder
AL M&G Property > AL abrdn Property
M&G Feeder of Property Portfolio (Life & Pension) > L&G Property Feeder.
We will be issuing a letter to customers shortly after the units have been added to plans. We expect to receive further payments in future and will provide further information when we do.
Current TER: 0.79%
New TER: 0.60%
Current TER: 1.19%
New TER: 1.08%
Current TER: 0.94%
New TER: 0.93%
