New name: Premier Miton Tellworth UK Smaller Companies Fund
New ACD: Premier Portfolio Managers Limited
Old TER: 1.39%
New TER: 1.28%
Old TER: 1.41%
New TER: 1.26%
Old TER: 1.24%
New TER: 1.18%
Old TER: 1.29%
New TER: 1.24%
Old TER: 1.29%
New TER: 1.24%
Default Replacement Fund: OMR Artemis UK Smaller Companies Fund
Closing Fund TER: 1.25%
Default Replacement Fund TER: 1.19%
Objective of Default Replacement Fund:
The fund aims to grow capital over a five year period. The fund invests 80% to 100% in shares of smaller companies and up to 20% in bonds,cash and near cash, other transferable securities, other funds (up to 10%) managed by Artemis and third party funds, money market instruments and derivatives. The fund may use derivatives for efficient portfolio management purposes. The fund invests in any industry within the United Kingdom, including companies in other countries that are headquartered or have a significant part of their activities in the United Kingdom. The manager adopts a long-term investment approach and seeks to mostly invest in companies with predictable and/or growing cashflow streams which require little additional capital to sustain.
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 new fund from 06/03/2025, but these changes may not be visible until up to 2 weeks following this date.
New Fund Name: Artemis UK Smaller Companies Fund
Closing Fund TER: 0.88%
Default Replacement Fund TER: 1.19%
New Fund Objective:
The fund aims to grow capital over a five year period. The fund invests 80% to 100% in shares of smaller companies and up to 20% in bonds,cash and near cash, other transferable securities, other funds (up to 10%) managed by Artemis and third party funds, money market instruments and derivatives. The fund may use derivatives for efficient portfolio management purposes. The fund invests in any industry within the United Kingdom, including companies in other countries that are headquartered or have a significant part of their activities in the United Kingdom. The manager adopts a long-term investment approach and seeks to mostly invest in companies with predictable and/or growing cashflow streams which require little additional capital to sustain.
Customers will be invested in the new fund from 06/03/2025, but these changes may not be visible until up to 2 weeks following this date.
Default Replacement Fund: OMR QI Asia Pacific (ex Japan) Large-Cap Equity Fund
Closing Fund TER: 1.02%
Default Replacement Fund TER: 1.34%
Objective of Default Replacement Fund:
The Fund aims to achieve capital growth and to outperform the MSCI All Countries Asia Pacific ex Japan Index, net of charges, over rolling five year periods. The Fund invests at least 80% of the value of its property in shares of companies that are listed, located or have a significant portion of their business in developed and emerging markets in Asia and Australasia, excluding Japan. Investment may be direct or indirect. A minimum of 60% of assets will be invested in large-cap companies, while the remainder may be invested in companies of any size, including smaller companies. The fund may at times be concentrated in the number of investments it holds (less than 50 holdings). The fund may use derivatives with the aim of reducing the overall costs and/or risks of the fund and/or generating additional income or growth.
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 new fund from 13/03/2025, but these changes may not be visible until up to 2 weeks following this date.
New Fund Name: OMR abrdn Global Sustainable Equity Fund
New Investment Objective:
To generate growth over the long term (5 years or more) by investing in global equities (company shares) that manage adverse environmental impacts and promote societal welfare in one or more of the four thematic areas of – climate change, the environment, labour management, and human rights & stakeholders, through their business operations OR their products and services. The Fund aims to achieve a return in excess of the MSCI AC World Index over rolling five-year periods (after charges). The fund will invest at least 70% in equities and equity related securities of companies listed on global stock exchanges that align with the sustainability objective. The fund may invest up to 20% in companies that do not align with the sustainability objective provided they do not conflict with the sustainability objective, meaning (i) they pass the exclusionary screening criteria, and (ii) their business operations, as assessed by the abrdn Operational Sustainability Score meet the minimum threshold of 40 out of 100. These companies are held with the aim of supporting portfolio diversification and financial return.
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.
