Current TER: 1.15%
New TER: 1.23%
Current TER: 1.22%
New TER: 1.27%
Current TER: 1.04%
New TER: 1.08%
Current TER: 1.27%
New TER: 1.32%
Current TER: 1.20%
New TER: 1.25%
Current TER: 1.21%
New TER: 1.25%
Current TER: 0.84%
New TER: 0.88%
New Name: Artemis European Select Fund
New objective:
The fund aims to grow capital over a five year period. The fund invests 80%-100% in company shares 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 investment purpose to achieve the fund objective, including by taking long and short positions, to produce additional income or growth and for efficient portfolio management purposes to reduce risk and manage the fund efficiently. The fund invests at least 80% in Europe (excluding the United Kingdom) and up to 20% in other countries.
New Name: Artemis European Select Fund
New objective:
The fund aims to grow capital over a five year period. The fund invests 80%-100% in company shares 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 investment purpose to achieve the fund objective, including by taking long and short positions, to produce additional income or growth and for efficient portfolio management purposes to reduce risk and manage the fund efficiently. The fund invests at least 80% in Europe (excluding the United Kingdom) and up to 20% in other countries.
New Objective:
The investment objective of the Fund is to maximise total return, consistent with preservation of capital and prudent investment management, by aiming to outperform (net of fees) the Target Benchmark, the FTSE Actuaries UK Conventional Gilts All Stocks Index Midday Total Return (in GBP), over a rolling three year period.
Investors should be aware that the Fund’s capital is at risk and there is no guarantee that the Fund will achieve its investment objective over the above period or at all.
The Annual Management Charge for Allianz Gilt Yield Fund is charged to capital. This will increase the amount of income available for distribution to Shareholders but may constrain capital growth.
The ACD aims to achieve the investment objective by investing in gilts (being UK government bonds), overseas government bonds, government guaranteed bonds, and supranational bonds.
