New Fund Name: OMR MI Verbatim Portfolio 5 Growth Fund
We are expecting to receive the ninth and final 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:
We will be issuing a letter to customers shortly after the units have been added to plans.
New Fund Objective:
The Fund will invest at least 70% in equities (and their related securities) of UK companies (those domiciled, incorporated or having significant business in the UK) and aims to hold a concentrated portfolio of 35-65 securities. The Fund may also invest a proportion of its assets in global companies listed in the UK. The Investment Manager will actively select companies based on their potential to generate capital growth. It is not restricted in terms of industry and size.
The Fund is actively managed without reference to a benchmark. The Fund will invest in a concentrated portfolio of companies the Investment Manager considers will outperform over the period. The Fund may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management. There is no policy to restrict investment to any particular economic or industrial sector.
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.
New Fund Objective:
The Fund will invest at least 70% in equities (and their related securities) of companies globally and aims to hold a concentrated portfolio of 35-55 securities. The Investment Manager will choose investments which it believes offer attractive dividend yields in addition to price appreciation. It is not restricted in terms of size, industry, or geographical split. The Fund is actively managed and will invest in a concentrated portfolio of companies the Investment Manager considers will outperform over the period. The Fund is not constrained by a benchmark.
The Fund may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management.
New Fund Objective:
The Fund will invest at least 80% in equities (and their related securities) of companies domiciled, incorporated or having significant business in continental Europe and those which are listed in the region and aims to hold a concentrated portfolio of 35-55 securities.
The Fund is actively managed and will invest in a concentrated portfolio of companies the Investment Manager considers will outperform over the period. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. The Investment Manager will, when selecting investments for the Fund and for the purposes of monitoring risk, consider the MSCI Europe ex UK Index. However, the Investment Manager has a wide degree of freedom relative to the index and may take larger, or smaller, positions in companies, and/or may invest outside the index, to take advantage of investment opportunities. This means the Fund’s investments and therefore performance may vary significantly from the index.
The Fund may also invest into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management.
New Fund Objective:
The Fund will invest at least 80% in equities (and their related securities) of companies domiciled, incorporated or having significant business in continental Europe and those which are listed in the region and aims to hold a concentrated portfolio of 35-55 securities.
The Fund is actively managed and will invest in a concentrated portfolio of companies the Investment Manager considers will outperform over the period. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. The Investment Manager will, when selecting investments for the Fund and for the purposes of monitoring risk, consider the MSCI Europe ex UK Index. However, the Investment Manager has a wide degree of freedom relative to the index and may take larger, or smaller, positions in companies, and/or may invest outside the index, to take advantage of investment opportunities. This means the Fund’s investments and therefore performance may vary significantly from the index. The Fund may also invest into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management.
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.
New Fund Objective:
The Fund will invest at least 80% in equities (and their related securities) of companies domiciled, incorporated or having significant business in continental Europe and those which are listed in the region and aims to hold a concentrated portfolio of 35-55 securities.
The Fund is actively managed and will invest in a concentrated portfolio of companies the Investment Manager considers will outperform over the period. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. The Investment Manager will, when selecting investments for the Fund and for the purposes of monitoring risk, consider the MSCI Europe ex UK Index. However, the Investment Manager has a wide degree of freedom relative to the index and may take larger, or smaller, positions in companies, and/or may invest outside the index, to take advantage of investment opportunities. This means the Fund’s investments and therefore performance may vary significantly from the index. The Fund may also invest into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management.
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.
New Fund Name: OMR Fidelity Global High Income Bond Fund
New Investment Objective:
The Fund aims to deliver an income in excess of the average yield of the funds in the Investment Association’s IA Sterling Strategic Bond sector, before fees, over a rolling 3-year period. The Fund will be at least 80% exposed to sterling denominated (or hedged back to sterling) global debt instruments, including emerging market debt. The Fund will invest in investment grade and non investment grade instruments (e.g. government bonds and corporate bonds).
The Fund is actively managed and is not constrained by a benchmark. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. 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.
New Fund Name: L&G Fidelity Global High Income Bond Fund
New Investment Objective:
The Fund aims to deliver an income in excess of the average yield of the funds in the Investment Association’s IA Sterling Strategic Bond sector, before fees, over a rolling 3-year period. The Fund will be at least 80% exposed to sterling denominated (or hedged back to sterling) global debt instruments, including emerging market debt. The Fund will invest in investment grade and non investment grade instruments (e.g. government bonds and corporate bonds).
The Fund is actively managed and is not constrained by a benchmark. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities.
New Fund Objective:
The objective of the WS AVI Worldwide Opportunities Fund (the “Company”) is to provide capital growth in excess of SONIA + 2%, net of fees, over the long-term, being five years. Five years is also the minimum recommended period for holding shares in this Company. This does not mean that the Company will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested.
The Investment Manager aims to achieve the objective of the Company by investing indirectly in a broad range of asset classes including real estate, infrastructure, renewable energy, commodities (such as gold, oil and timber), private equity, hedge funds and specialist financial assets (such as loans and insurance policies).
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.
