Old TER: 0.11%
New TER: 0.12%
Old TER: 0.11%
New TER: 0.12%
Old TER: 0.11%
New TER: 0.12%
Old TER: 0.11%
New TER: 0.12%
Old TER: 0.11%
New TER: 0.12%
Default Replacement Fund: OMR Emerging Market Debt Unconstrained
Closing Fund TER: 1.26%
Default Replacement Fund TER: 0.37%
Objective of Default Replacement Fund: The OMR Emerging Market Debt Unconstrained invests in the PUTM Bothwell Emerging Market Debt Unconstrained Fund (the ‘Fund’) which aims to provide returns from capital appreciation and foreign currency movements by outperforming the benchmark (before fees) by 1.5% to 2.5% per annum over any given 3 year period. The benchmark is 50% JPM EMBI Global Diversified (US$) (EMD) and 50% JPM GBI-EM Global Diversified (US$) (EM LC D) (the “Composite Index”).
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 19/01/2025, but these changes may not be visible until up to two weeks following this date.
Default Replacement Fund: OMR Emerging Market Debt Unconstrained
Closing Fund TER: 1.37%
Default Replacement Fund TER: 0.37%
Objective of Default Replacement Fund: The OMR Emerging Market Debt Unconstrained invests in the PUTM Bothwell Emerging Market Debt Unconstrained Fund (the ‘Fund’) which aims to provide returns from capital appreciation and foreign currency movements by outperforming the benchmark (before fees) by 1.5% to 2.5% per annum over any given 3 year period. The benchmark is 50% JPM EMBI Global Diversified (US$) (EMD) and 50% JPM GBI-EM Global Diversified (US$) (EM LC D) (the “Composite Index”).
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 19/01/2025, but these changes may not be visible until up to two weeks following this date.
We confirm we’re expecting to receive a fifth payment from Aviva which we will be passing on to customers shortly after. Those customers still invested in the impacted funds will have their payments added to their plans in the following replacement funds:
OMR Aviva UK Property Feeder > OMR abrdn UK Real Estate
OMR Prof Aviva UK Property Feeder > OMR Prof Deposit
Aviva Investors UK Prop Feeder (Life & Pension) > L&G Property Feeder
We’ll be issuing a letter to customers shortly after the units have been added to plans. This is expected to be the final Aviva Investors UK Property Feeder payment.
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%
