New name:
OMR Quilter Cheviot International Balanced Portfolio
New name:
OMR Quilter Cheviot International Growth Portfolio
New name:
OMR Quilter Cheviot International Equity Portfolio
Old TER: 0.895%
New TER: 0.78%
Old TER: 0.41%
New TER: 0.40%
Old TER: 1.04%
New TER: 0.92%
Old TER: 0.5625%
New TER: 0.58%
Default Replacement Fund: OMR Aegon High Yield Bond fund
Closing Fund TER: 1.20%
Default Replacement Fund TER: 0.59%
Objective of Default Replacement Fund: The investment objective is to provide a combination of income and capital growth over any 7 year period. At least 80% of the Fund will be invested in a portfolio of high yield corporate bonds issued anywhere in the world and denominated in any currency. 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.
Customers will be invested in the OMR Aegon High Yield Bond fund from 24/04/2024, however our systems may not show this change until at least a week following the closure.
Default Replacement Fund: OMR Invesco Tactical Bond (UK) Fund
Closing Fund TER: 1.09%
Default Replacement Fund TER: 1.04%
Objective of Default Replacement Fund:
The Fund aims to achieve income and capital growth over the medium to long term (3 to 5 years plus). The Fund has a flexible allocation to corporate and government debt securities (including investment grade, non-investment grade and unrated) and cash. Depending on market conditions the Fund may invest up to 100% of its net assets in cash, cash equivalents, short-term debt securities and money-market instruments.
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.
Customers will be invested in the OMR Invesco Tactical Bond (UK) Fund from 24/04/2024, however our systems may not show this change until at least a week following the closure.
Default Replacement Fund: OMR Schroder UK Mid 250 Fund
Closing Fund IMC: 0.92%
Default Replacement Fund IMC: 1.30%
Objective of Default Replacement Fund:
The Fund aims to provide long term capital growth in excess of the FTSE 250 ex Investment Trusts (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 companies listed in the FTSE 250 Index ex Investment Trusts. The Fund is actively managed and invests at least 80% of its assets in equity and equity related securities of UK companies listed in the FTSE 250 ex Investment Trusts index. These are companies that are incorporated, headquartered or have their principal business activities in the UK. 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 closing fund will be suspended from 14/03/2024.
Customers will be invested in the OMR Schroder UK Mid 250 Fund from 22/03/2024, however our systems may not show this change until at least a week following the closure.
