New Fund Objective:
The Fund will invest at least 80% in equities (and their related securities) of companies domiciled, incorporated or having significant business in continental Europe and those which are listed in the region and aims to hold a concentrated portfolio of 35-55 securities.
The Fund is actively managed and will invest in a concentrated portfolio of companies the Investment Manager considers will outperform over the period. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. The Investment Manager will, when selecting investments for the Fund and for the purposes of monitoring risk, consider the MSCI Europe ex UK Index. However, the Investment Manager has a wide degree of freedom relative to the index and may take larger, or smaller, positions in companies, and/or may invest outside the index, to take advantage of investment opportunities. This means the Fund’s investments and therefore performance may vary significantly from the index. The Fund may also invest into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management.
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 Fund Name: OMR Fidelity Global High Income Bond Fund
New Investment Objective:
The Fund aims to deliver an income in excess of the average yield of the funds in the Investment Association’s IA Sterling Strategic Bond sector, before fees, over a rolling 3-year period. The Fund will be at least 80% exposed to sterling denominated (or hedged back to sterling) global debt instruments, including emerging market debt. The Fund will invest in investment grade and non investment grade instruments (e.g. government bonds and corporate bonds).
The Fund is actively managed and is not constrained by a benchmark. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. 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 Fund Name: L&G Fidelity Global High Income Bond Fund
New Investment Objective:
The Fund aims to deliver an income in excess of the average yield of the funds in the Investment Association’s IA Sterling Strategic Bond sector, before fees, over a rolling 3-year period. The Fund will be at least 80% exposed to sterling denominated (or hedged back to sterling) global debt instruments, including emerging market debt. The Fund will invest in investment grade and non investment grade instruments (e.g. government bonds and corporate bonds).
The Fund is actively managed and is not constrained by a benchmark. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities.
New Fund Objective:
The objective of the WS AVI Worldwide Opportunities Fund (the “Company”) is to provide capital growth in excess of SONIA + 2%, net of fees, over the long-term, being five years. Five years is also the minimum recommended period for holding shares in this Company. This does not mean that the Company will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested.
The Investment Manager aims to achieve the objective of the Company by investing indirectly in a broad range of asset classes including real estate, infrastructure, renewable energy, commodities (such as gold, oil and timber), private equity, hedge funds and specialist financial assets (such as loans and insurance policies).
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 Fund Name: Mixed Investment (Universal) Fund
New Fund Name: Corporate Bond (Universal) Fund
New Fund Name: Deposit (Universal) Fund
New Fund Name: UK and Global Equity Tracker (Universal) Fund
We’re updating customers on a change to some of the replacement funds previously communicated in relation to the Aviva Investors UK Property Feeder payments. We will not use the Deposit fund or abrdn Real Estate fund previously communicated for the OMR funds.
The replacement funds will be as follows:
• OMR Aviva UK Property Feeder → OMR L&G Property Feeder
• OMR Prof Aviva UK Property Feeder → OMR Prof L&G Property Feeder
• Aviva Investors UK Property Feeder (Life & Pension) → L&G Property Feeder.
Any forthcoming payment received from Aviva will be added to customers’ plans using the replacement funds above. No action is required. Customers will receive a letter once units have been added to their plans. This will then close the above Aviva Funds.
New Fund Objective:
The Fund aims to achieve a combination of income and capital growth and to outperform the Bloomberg Multiverse ex Treasuries A+ to B- GBP Hedged Index, net of charges, over rolling five-year periods.
The Fund invests at least 80% of the value of its property in a diversified range of Sterling-denominated (or hedged back to Sterling) investment grade and subinvestment grade debt securities issued by companies, banks, public entities and governments located in developed and emerging markets anywhere in the world. Investment may be direct or indirect (e.g. through collective investment schemes or derivatives). The Fund may hold up to 20% in contingent convertible bonds (CoCos).
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.
