Default Replacement Fund: OMR Schroder Managed Balanced Fund
Closing Fund TER: 1.32%
Default Replacement Fund TER: 0.56%
Objective of Default Replacement Fund:
The Fund aims to provide capital growth and income by investing in a diversified range of assets and markets worldwide. The Fund is actively managed and invests indirectly through collective investment schemes, exchange traded funds, real estate investment trusts or closed ended funds, in equity and equity related securities, fixed and floating rate securities or alternative assets worldwide. 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 January 2026, but these changes may not be visible until up to two weeks following this date.
Old TER: 2.13%
New TER: 1.07%
Old share class: R Acc
Old TER: 1.25%
New share class: C Acc
New TER: 1.30%
New Fund Name: OMR CT Global Smaller Companies Investment Trust Fund
We can confirm that we are expecting to receive an eighth payment from M&G which we will be passing on to customers shortly after.
Those customers invested in the impacted funds will have their payments added to their plans in the following replacement funds:
OMR M&G Feeder of Property Portfolio > OMR L&G Property Feeder
AL M&G Property > AL abrdn Real Estate Property
M&G Feeder of Property Portfolio (Life & Pension) > L&G Property Feeder.
We will be issuing a letter to customers shortly after the units have been added to plans.
We expect to receive further payments in future and will provide further information when we do.
Old TER: 0.98%
New TER: 0.79%
Following a recent in-depth review we’ve decided to change the range of funds that are available. This will result in a more streamlined range, which we believe will offer better value for money for our customers. These changes will be started in 2026. We will be sending letters in advance to all customers that are invested in any closing funds.
Further information concerning these changes and the funds that are impacted is available at: www.reassure.co.uk/fund-centre/fund-changes/
We have taken the decision to close the AXA ACT Framlington Clean Economy Fund and move customers into the Jupiter Ecology Fund on 03/12/2025. As a result, there will be a change to the fund customers currently hold.
Default replacement fund: Jupiter Ecology Fund
Closing Fund TER: 1.58%
Default Replacement Fund TER: 1.68%
Objective of Default Replacement Fund: To provide capital growth (with the prospect of income) over the long term (at least five years) by investing globally in companies that generate or enable positive solutions to climate change and/or environmental degradation through their products and services in clean energy, green mobility, green buildings and industry, sustainable agriculture and land, sustainable oceans and freshwater systems or the circular economy. At least 70% of the Fund is invested directly in the shares of Environmental Solutions Companies based anywhere in the world. The Fund may also invest up to 30% in closed-ended funds. Customers will be invested in the new fund from 03/12/2025, but these changes may not be visible until up to two weeks following this date.
We have taken the decision to close the OMR AXA ACT Framlington Clean Economy Fund and move customers into the OMR Jupiter Ecology Fund on 03/12/2025. As a result, there will be a change to the fund customers currently hold.
Default replacement fund: OMR Jupiter Ecology Fund
Closing Fund TER: 1.18%
Default Replacement Fund TER: 1.34%
Objective of Default Replacement Fund: To provide capital growth (with the prospect of income) over the long term (at least five years) by investing globally in companies that generate or enable positive solutions to climate change and/or environmental degradation through their products and services in clean energy, green mobility, green buildings and industry, sustainable agriculture and land, sustainable oceans and freshwater systems or the circular economy. At least 70% of the Fund is invested directly in the shares of Environmental Solutions Companies based anywhere in the world. The Fund may also invest up to 30% in closed-ended funds.
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 03/12/2025, but these changes may not be visible until up to two weeks following this date.
Old share class: R Acc
Old TER PLAC :1.51%
New share class: C Acc
New TER: 1.3%
