On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR CT MM Navigator Balanced Fund would be merged with the OMR CT Multi-Manager Universal Balanced Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Balanced Fund
Closing Fund TER: 1.73%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a balanced risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the CT MM Navigator Cautious Fund would be merged with the CT Multi-Manager Universal Cautious Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: CT Multi-Manager Universal Cautious Fund
Closing Fund TER: 1.63%
Default Replacement Fund TER: 0.65%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the L&G CT MM Navigator Cautious Fund would be merged with the L&G CT Multi-Manager Universal Cautious Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: L&G CT Multi-Manager Universal Cautious Fund
Closing Fund TER: 1.63%
Default Replacement Fund TER: 0.65%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes.
On 1st October 2025 we were informed by Columbia Threadneedle Investments that the OMR CT MM Navigator Cautious Fund would be merged with the OMR CT Multi-Manager Universal Cautious Fund on 31st October 2025. As a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR CT Multi-Manager Universal Cautious Fund
Closing Fund TER: 1.54%
Default Replacement Fund TER: 0.67%
Objective of Default Replacement Fund: The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. 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.
On 30/06/2025 we were informed by Legal & General Investment Management Limited that the Global Emerging Markets Index Fund (PMC) would be closed with customers moved into the World Emerging Markets Equity Index Fund (PMC) on 31/10/2025 and as a result there will be a change to the fund customers currently hold.
Default replacement fund: World Emerging Markets Equity Index Fund (PMC)
Closing Fund TER: 0.25%
Default Replacement Fund TER: 0.55%
Objective of Default Replacement Fund: The Fund aims to provide long term capital growth from direct or indirect investment in emerging stock markets worldwide or companies with significant activities in emerging markets. The investment objective of the fund is to track the performance of the FTSE Emerging Index (less withholding tax where applicable) to within +/-1.5% p.a. for two years out of three. Customers will be invested in the new fund from 31/10/2025, but these changes may not be visible until up to two weeks following this date.
New Investment Objective:
The Fund aims to outperform the MSCI Europe ex UK Growth 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 listed or located in Europe (excluding the United Kingdom). Investment
may be direct or indirect (e.g. through collective investment schemes or derivatives), however the ACD expects that the Fund will typically hold investments directly. 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.
On 24 September 2025 we were informed by SVM Asset Management Limited that the SVM World Equity Fund would be merged with the RGI Compound Global Equity on 24 October 2025 and as a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR RGI Compound Global Equity
Closing Fund TER: 1.61%
Default Replacement Fund TER: 0.99%
Objective of Default Replacement Fund: The investment objective of the Fund is to grow the value of your investment (known as “capital growth”) over a rolling 5 year period, after the deduction of all fees. Although the Fund aims to deliver capital growth over a rolling 5 year period, there is no guarantee that this will be achieved over this time period, or any time period. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result. At least 80% of the Fund will be invested in shares of global companies, including in Emerging Markets.
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 24 October 2025, but these changes may not be visible until up to two weeks following this date.
On 24 September 2025 we were informed by SVM Asset Management Limited that the SVM UK Opportunities Fund would be merged with the RGI UK Opportunities Fund on 24 October 2025 and as a result there will be a change to the fund customers currently hold.
Default replacement fund: OMR RGI UK Opportunities Fund
Closing Fund TER: 1.38%
Default Replacement Fund TER: 0.87%
Objective of Default Replacement Fund: The investment objective of the Fund is to grow the value of your investment (known as “capital growth”) in excess of the MSCI United Kingdom Investable Market Index (IMI) Net Total Return (the “Benchmark”) over a rolling 5 year period, after the deduction of all fees. Although the Fund aims to deliver capital growth over a rolling 5 year period, there is no guarantee that this will be achieved over this time period, or any time period. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result. At least 80% of the Fund will be invested in shares of UK companies (companies which are domiciled or incorporated in, or have significant economic exposure to the UK).
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 24 October 2025, but these changes may not be visible until up to two weeks following this date.
New Fund Name:
OMR FTF Franklin European Unconstrained Fund
New Fund Name:
OMR FTF Franklin Global Unconstrained Fund
