The fund manager has decided to suspend the underlying fund with immediate effect. Contributions and withdrawls are not accepted by the fund manager from 15/06/2023. We will write to all impacted customers to explain what this means for them and what there options are.
Current TER: 1.19%
New TER: 1.05%
Old Share Class: A Inc
New Share Class: P Inc
Old Share Class: A Acc
New Share Class: P Acc
Old Share Class: A Acc
New Share Class: P Acc
New Name: OMR T. Bailey Global Thematic Equity Fund
New objective:
The Fund aims to provide capital growth in excess of the IA Global Sector average over Rolling Periods of 5 years (after charges).
Typically, at least 80% of the Fund will be invested in other collective investment vehicles, such as open-ended collective investment schemes, unit trusts, investment trusts (“funds”) and exchange-traded products (“ETPs”) which provide indirect exposure to global equities. Such funds may include those managed or operated by the Manager and its associates.
Through its investments in other funds and ETPs, the Fund may also be exposed to a range of other asset classes such as government and corporate debt, money market instruments, currencies, property, commodities, infrastructure, deposits, cash and near cash anywhere in the world.
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.
Old Share Class: A Acc
New Share Class: P Acc
Old Share Class: A Acc
New Share Class: P Acc
New name: OMR T. Bailey Multi-Asset Dynamic Fund
New objective:
The Fund aims to outperform the Consumer Prices Index plus 3% per annum over Rolling Periods of 5 years (after charges). Although the Fund aims to outperform the Consumer Prices Index plus 3% per annum over Rolling Periods of 5 years, capital invested is, in fact, at risk and there is no guarantee that a positive return will be generated over that time period or any other time period.
Typically at least 80% of the Fund will be invested in a range of other collective investment vehicles, such as open-ended collective investment schemes, unit trusts, investment trusts (“funds”) and exchange-traded products (“ETPs”). The funds may include those managed or operated by the Manager and its associates.
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 Invesco Perp Eur SM Co-Acc
Closing Fund IMC: 1.40%
Default Replacement Fund IMC: 1.19%
Objective of Default Replacement Fund: The objective of the Fund is to achieve long-term (5 years plus) capital growth. The Fund invests at least 80% of its assets in shares of smaller companies incorporated, domiciled, listed or carrying out the main part of their economic activity in Europe, excluding the UK. The Fund may use derivatives (complex instruments) to manage the Fund more efficiently, with the aim
of reducing risk, reducing costs and/or generating additional capital or income. 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.
