Default Replacement Fund: OMR Fidelity Special Situations Fund
Closing Fund TER: 1.15%
Default Replacement Fund TER: 0.53%
Objective of Default Replacement Fund:
The Fund aims to increase the value of investor’s investment over a period of 5 years or more. The Fund will invest at least 70% in equities (and their related securities) of UK companies (those domiciled, incorporated or having significant business in UK and those which are listed in the UK). The Investment Manager will focus on companies it believes to be undervalued and whose recovery potential is not recognised by the market. It is not restricted in terms of size or industry. The Fund is actively managed without reference to a benchmark.
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 15/11/2024, but these changes may not be visible until up to 2 weeks following this date.
New Fund name: OMR Jupiter UK Dynamic Equity
Old share class: A ACC
Old TER: 1.31%
New share class: R Acc
New TER: 0.53%
Old share class: A ACC
Old TER: 1.31%
New share class: R Acc
New TER: 0.53%
Old share class: D Acc
Old TER: 1.73%
New share class: B Acc
New TER: 1.54%
Old share class: D Acc
Old TER: 1.74%
New share class: B Acc
New TER: 1.57%
Old share class: D Acc
Old TER: 1.75%
New share class: B Acc
New TER: 1.58%
Old share class: D Acc
Old TER: 1.73%
New share class: B Acc
New TER: 1.72%
Default Replacement Fund: OMR Invesco UK Opps (UK)
Closing Fund TER: 0.77%
Default Replacement Fund TER: 1.20%
Objective of Default Replacement Fund: To achieve long-term (5 years) capital growth.
Focuses on investing in UK equity based on stock selection driven by fund manager’s assessment of valuation. Not constrained by a benchmark and has a flexible approach with no bias to sector or company size. Aims to invest 80% of assets in shares of companies incorporated, domiciled, or carrying out the main part of their economic activity in the UK. May be exposed to derivatives for efficient portfolio management, mainly reducing risk, costs and/or generating additional capital or income. 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 29/10/2024, but these changes may not be visible until up to 2 weeks following this date.
Default Replacement Fund: OMR NinetyOne Diversified Income Fund
Closing Fund TER: 1.80%
Default Replacement Fund TER: 0.94%
Objective of Default Replacement Fund:
The Fund aims to provide income with the opportunity for capital growth over at least 5 years. The Fund seeks to limit volatility to lower than 50% of that of shares of UK companies (measured using the FTSE All Share Index).
The Fund aims to invest in a broad range of assets globally including bonds, equity, listed property securities, and other alternative assets. These investments will either be done directly or indirectly. The fund can also invest in money market instruments, cash or near cash, deposits, and derivatives. Up to 10% of the funds’ assets can he held in units or shares in other funds.
Investment opportunities are identified using in-depth analysis and research on induvial companies and countries.
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 18/10/2024, but these changes may not be visible until up to 2 weeks following this date.
