New objective:
The Fund aims to achieve capital growth over the long term (5 years, or more). It also looks to outperform the S&P 500 Index (the “Index”) over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least 75% of its assets in shares of companies domiciled in the United States of America (US), or which have significant US business operations. There is no restriction on size, but investment tends to focus on larger companies, such as those included in the Index. The Index is a US stock market index, the constituents of which represent around 500 of the largest companies listed on the New York Stock Exchange or NASDAQ. 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 objective:
The aim of this Fund is to: (i) provide capital growth over the long term (being a period of 5 years or more); and (ii) to invest in companies that contribute to the achievement of the environmentally focussed United Nation’s Sustainable Development Goals (the “UN SDGs”), in line with the selection criteria described in the investment policy. The Fund invests at least 80% of its Net Asset Value in shares of listed companies of any size which are based anywhere in the world. The Manager selects shares based upon: (i) a company’s positive contribution to the achievement of one or more of the environmentally focussed UN SDGs; and (ii) its analysis of a company’s ability to generate above average returns (relative to its industry peers), financial status, quality of its management, technologies, expected profitability and prospects for growth. 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 objective:
The aim of this Fund is to: (i) provide capital growth over the long term (being a period of 5 years or more); and (ii) to invest in companies that contribute to the achievement of the environmentally focussed United Nation’s Sustainable Development Goals (the “UN SDGs”), in line with the selection criteria described in the investment policy. The Fund invests at least 80% of its Net Asset Value in shares of listed companies of any size which are based anywhere in the world. The Manager selects shares based upon: (i) a company’s positive contribution to the achievement of one or more of the environmentally focussed UN SDGs; and (ii) its analysis of a company’s ability to generate above average returns (relative to its industry peers), financial status, quality of its management, technologies, expected profitability and prospects for growth. 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 objective:
The aim of this Fund is to: (i) provide long-term capital growth over a period of 5 years or more and (ii) invest in companies which have leading or improving environmental, social and governance (ESG) practices, in line with the selection criteria described in the investment policy. The Fund invests at least 70% of its Net Asset Value in shares of companies domiciled, incorporated or having significant business in the UK which the Manager believes will provide above-average returns, relative to their industry peers. The Fund invests at least 80% of its investment in shares in large and medium-sized companies. 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 objective:
The aim of this Fund is to: (i) provide long-term capital growth over a period of 5 years or more and (ii) invest in companies which have leading or improving environmental, social and governance (ESG) practices, in line with the selection criteria described in the investment policy. The Fund invests at least 70% of its Net Asset Value in shares of companies domiciled, incorporated or having significant business in the UK which the Manager believes will provide above-average returns, relative to their industry peers. The Fund invests at least 80% of its investment in shares in large and medium-sized companies. 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 objective:
The aim of this Fund is to: (i) provide long-term capital growth over a period of 5 years or more; and (ii) invest in companies which have leading or improving environmental, social and governance (ESG) practices, in line with the selection criteria described in the investment policy. The Fund invests in shares of listed companies which the Manager believes will provide above-average returns, relative to their industry peers. The Fund invests in companies of any size and based anywhere in the world (including emerging markets). The Manager seeks to reduce the impact on the Fund of fluctuations in value of equity markets by investing in bonds issued by developed market governments. The Fund’s typical asset mix ranges between 60 –85% of its Net Asset Value in shares, with the remainder being mainly in bonds and cash. 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.
Default Replacement Fund: OMR Jupiter Global Macro Bond Fund
Closing Fund TER: 1.17%
Default Replacement Fund TER: 0.86%
Objective of Default Replacement Fund: The objective of the fund is to seek to achieve income and capital growth, delivering a positive total return, net of fees, higher than the Sterling Overnight Interbank Average rate over rolling 3-year periods. Capital invested in the fund is at risk and there is no guarantee that a positive total return will be achieved over rolling 3-year periods or in respect of any other time period.
The fund primarily invests (at least 70%) in a diversified portfolio of global fixed, variable and zero rate debt securities, including government and corporate bonds. The fund will vary the currencies in which it invests to enable it to achieve its objective.
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.
OMR LF Lancaster Global Equity Fund
New objective:
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the MSCI ACWI Index over any five year period.
The Fund will invest at least 80% of its Net Asset Value in the equity securities of companies across any sectors and market capitalisations that are domiciled in any country, including 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.
On 15th August 2023, Liontrust announced a proposal to merge underlying Liontrust China Fund Fund with another one of their funds – Liontrust Emerging Markets Fund. This was voted on at Extraordinary General Meeting on 01/09/2023. We have now been advised by Liontrust, that Merger resolution has not passed during Extraordinary Meeting, therefore, the merger will not go effective on 08/09/2023 as they planned.
