New investment objective:
The Fund aims to achieve long term capital growth. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
85% MSCI ACWI Index,
10% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New fund name: AL CT Managed Equity Focused GQSB Fund
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New fund name: AL CT Managed Equity Focused TGSB Fund
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New fund name: AL CT Managed Equity Focused GWEB Fund
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New fund name: AL CT Managed Equity Focused PPB Fund
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New fund name: AL CT Managed Equity Focused PPB1 Fund
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New fund name: AL CT Managed Equity Focused PPBR P Fund
New investment objective:
The Fund aims to provide a combination of long-term capital growth and some income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
75% MSCI ACWI Index,
20% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
New investment objective:
The Fund aims to provide a combination of long-term capital growth and income. It looks to outperform a composite index over rolling 3-year periods, after the deduction of charges.
This composite index comprises:
50% MSCI ACWI Index,
45% Bloomberg Global Aggregate (GBP Hedged) Index,
5% Sterling Overnight Index Average (SONIA)
The composite index is representative of the Fund’s investment exposure, and provides a suitably weighted target benchmark of global equities, investment grade bonds (hedged to sterling) and cash, against which Fund performance will be evaluated over time.
On the 18/06/2026 we were informed by Janus Henderson Fund Management UK Limited that the Janus Henderson European Mid and Large Cap Fund would be closed. Customers will be moved into the Janus Henderson European Focus Fund on the 02/07/2026. As a result, there will be a change to the fund customers currently hold.
Default replacement fund: Janus Henderson European Focus Fund
Closing Fund IMC: 0.68%
Default Replacement Fund IMC: 0.68%
Objective of default replacement fund:
The Fund aims to provide a return, from a combination of capital growth and income over the long term (5 years or more). The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in Europe (excluding UK). Companies will be incorporated, headquartered, listed on an exchange in, or deriving significant revenue from, this region. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings.
Customers will be invested in the new fund from 02/07/2026, but these changes may not be visible until up to two weeks following this date.
