New fund name: OMR Quilter Cheviot International Equity Fund
Old TER: 1.62%
New TER: 1.60%
New Objective:
The Investment objective of the Fund is to generate a long-term total return. Investors should note that there can be no guarantee that the Fund will achieve its investment objective.
New fund name: OMR Quilter Cheviot International Growth Fund
Old TER: 1.41%
New TER: 1.30%
New Objective:
The Investment objective of the Fund is to generate a long-term total return. Investors should note that there can be no guarantee that the Fund will achieve its investment objective.
New Fund Name: L&G Close Select Fixed Income Fund
New Investment Objective:
The investment objective of the Fund is to generate income while maintaining its capital value over the medium term (i.e. more than 5 years). The Fund also seeks to maintain a weighted average carbon intensity (tonnes of Scope 1 and 2 CO2e per US$m of revenue) below a benchmark of the ICE BofA Global Corporate Index, targeting a level 50% below this benchmark by 2030 from the 2019 baseline.
New Fund Name: OMR Fidelity Responsible Emerging Markets Equity Fund
New Investment Objective:
The Fund aims to increase the value of your investment over 5 years or more. The Fund invests at least 70% of its assets in equities (and their related securities) of companies having their head office or exercising a predominant part of their activity in Emerging Markets globally including Asia, Latin America, Europe, Middle East and Africa according to the MSCI Emerging Markets (Net Total Return) Index. The Fund aims to achieve an ESG score for its portfolio greater than that of its benchmark index (MSCI Emerging Markets (Net Total Return) Index) after the exclusion of 20% of the securities in the benchmark with the lowest ESG ratings. The Fund may invest in securities of issuers with lower ESG ratings, including those with low but improving ESG characteristics. The Fund may also obtain exposure to other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management and investment purposes (but not on any significant basis). The Fund aims to hold a concentrated portfolio, investing in 30-50 companies or other types of investment.
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:
The Fund aims to increase the value of your investment over 5 years or more and has the
sustainability objective of investing in companies which contribute to positive environmental and/or
social outcomes. At least 70 % of the Fund’s assets must be invested in companies meeting the fund’s standard of sustainability. This standard requires that companies have more than 50% of economic activities which contribute positively to environmental and/or social outcomes, as identified by the UN Sustainable Development Goals (SDGs) and the EU Taxonomy, across the following sustainability topics: (i) Health and nutrition, (ii) Financial inclusion and resilience, (iii) Decarbonisation, (iv) Innovation and sustainable infrastructure, and (v) resource efficiency.
The Fund will invest at least 70% of its assets in the shares of continental European companies
(those domiciled, incorporated or having significant business in continental Europe and those which
are listed in the region). The Fund may also hold cash, cash equivalents, deposits and money market instruments for liquidity purposes and derivatives which may be used for efficient portfolio management purposes. The Fund’s portfolio will be made up of a blend of larger, medium and smaller sized companies and aims to hold a concentrated portfolio of 35-50 securities.
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 IFSL Marlborough 4 Portfolio
New Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments, such as interest from bonds and dividends from shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘4’. The risk classification is a range the Investment Manager maintains from 1 which is classified as the lowest risk to 10 which is classified as the highest risk. The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income. The Fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. The Fund will invest at least 70% in collective investment schemes, investment trusts and exchange traded products, i.e. ETFs/ETCs (collectively “Investment Funds”), with no minimum or maximum exposure to any geographic region. This could include other Investment Funds managed by the Authorised Fund Manager or the Investment Manager. Through these Investment Funds, the Fund will be exposed to:
• a mix of lower and medium-risk asset types, normally between 25-70%, such as bonds (which are loans issued by companies and governments), cash, and money market instruments (which are short-term loans).
• higher-risk asset types, normally between 30-60%, such as shares in companies
• alternative asset types such as property, infrastructure, commodities (e.g. gold) and absolute return funds.
The Fund may also invest in these asset types directly (excluding property and commodities) up to a maximum of 30%. The Fund may hold up to 20% in cash to enable the ready settlement of liabilities, for the efficient management of the portfolio and in pursuit of the Fund’s investment objective.
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 IFSL Marlborough 6 Portfolio
New Investment Objective:
The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments, such as interest from bonds and dividends from shares. This will be achieved whilst aiming to maintain a risk rating classification of ‘6’. The risk classification is a range the Investment Manager maintains from 1 which is classified as the lowest risk to 10 which is classified as the highest risk. The Fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income. The Fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. The Fund will invest at least 70% in collective investment schemes, investment trusts and exchange traded products, i.e. ETFs/ETCs (collectively “Investment Funds”), with no minimum or maximum exposure to any geographic region. This could include other Investment Funds managed by the Authorised Fund Manager or the Investment Manager. Through these Investment Funds, the Fund will be exposed to:
• a higher percentage of higher-risk asset types, normally between 55-85%, such as shares in companies.
• a lower percentage of lower and medium-risk asset types, normally between 0- 45%. These will typically be bonds (which are loans issued by companies and governments), cash, and money market instruments (which are short-term loans).
• alternative asset types such as property, infrastructure, commodities (e.g. gold) and absolute return funds.
The Fund may also invest in these asset types directly (excluding property and commodities) up to a maximum of 30%. The Fund may hold up to 20% in cash to enable the ready settlement of liabilities, for the efficient management of the portfolio and in pursuit of the Fund’s investment objective.
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.
Old TER: 1.16%
New TER: 0.79%
Old TER: 1.10%
New TER: 0.78%
New Investment Objective:
The fund aims to provide capital growth and income 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 which the investment manager classifies as sustainable. These are companies that, through the way they are managed and/or the goods and services that they sell, make a positive contribution to the Planet (the environment); and/or People (employee wellbeing; customer wellbeing; healthy, inclusive and connected communities; and/or effective and accountable institutions). The Fund is actively managed and invests at least 80% of its assets in a concentrated range of 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 typically holds 30 to 60 companies. 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 reducing risk or managing the Fund more efficiently. The Fund invests at 70% of its portfolio in assets the investments manager classifies as sustainable.
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.
