New name: AXA ACT Framlington Clean Economy Fund
New objective:
The Sub-Fund seeks to deliver positive returns on an annual basis after fees. The Sub-Fund aims to deliver returns before fees within a range of cash (SONIA (90-day compounded)) on a rolling 12-month basis and cash (SONIA (90-day compounded)) + 4% per annum on a rolling annualised five year basis. However a positive return is not guaranteed and a capital loss may occur.
The policy of the sub-Fund is to gain exposure through a dynamic allocation strategy to a range of asset classes including cash, near cash and deposits, fixed interest securities, equities, property, commodities and infrastructure. Exposure to these assets will be achieved through investment in transferable securities, derivatives, money market instruments, deposits, and collective investment schemes. Investment in property, commodities and infrastructure will be indirect. The Sub-Fund may also use derivatives to obtain long and short exposures. Subject to FCA Regulations, the relative exposure between these asset classes will be actively managed and will be varied as deemed necessary in order to achieve the investment objective, which may result in the Sub-Fund having no exposure to particular asset classes.
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.
Current TER: 0.90875%
New TER: 1.11%
New Name: OMR abrdn Diversified Growth and Income Fund
New objective:
The objective of the Fund is to generate a positive return through capital growth and income over the long term (5 years or more) by investing in a globally diversified portfolio of assets whilst reducing the risk of losses. Invested capital is however at risk and there is no guarantee that this will be attained over any time period. The fund aims to exceed the return of SONIA by
5% per annum over rolling five year periods (before charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. SONIA has been chosen as a proxy for the return on cash deposits. The fund invests globally in a range of asset classes, derivatives, money-market instruments 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.
New Name: OMR abrdn Diversified Growth and Income Fund (SDB)
New objective:
The objective of the Fund is to generate a positive return through capital growth and income over the long term (5 years or more) by investing in a globally diversified portfolio of assets whilst reducing the risk of losses. Invested capital is however at risk and there is no guarantee that this will be attained over any time period. The fund aims to exceed the return of SONIA by
5% per annum over rolling five year periods (before charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. SONIA has been chosen as a proxy for the return on cash deposits. The fund invests globally in a range of asset classes, derivatives, money-market instruments 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 EdenTree Responsible and Sustainable Managed Income Fund
Closing Fund TER: 1.52%
Default Replacement Fund TER: 0.96%
Objective of Default Replacement Fund:
The objective of the Fund is to prioritise income, with the aim of exceeding the yield of the FTSE 250 Mid-Cap Index, together with capital growth over the longer term, five years or more. The Manager will seek to achieve the investment objective by investing in a mix of equities, fixed-interest securities and cash equivalents. The Fund will maintain a bias towards equities of 60 – 85%.
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.
Current TER: 0.90875%
New TER: 1.06%
Default Replacement Fund: OMR Blackrock Absolute Return Bond Fund
Closing Fund TER: 0.82%
Default Replacement Fund TER: 0.81%
Objective of Default Replacement Fund:
The aim of the Fund is to provide a positive absolute return on your investment (i.e. an increase in the overall value of the Fund) (gross of fees) over any 12 month period regardless of market conditions. In order to seek to achieve its investment objective the Fund will use a variety of investment strategies and instruments to gain exposure to fixed income securities (i.e. bonds) and money market instruments (i.e. debt securities with short term maturities), issued by companies, governments, government agencies and supranationals worldwide. The Fund will seek to take long investment positions (i.e. buy an equity, bond or currency with the expectation that the asset will rise in value) and use derivatives (i.e. investments the prices of which are based on one or more underlying assets) to take long and short investment positions (i.e. buy or sell a derivative with the expectation that the underlying asset will rise or fall in value).
New objective:
The objective of the Fund is to generate growth over the longer term (5 years or more) by investing in European smaller capitalisation equities (company shares).The Fund aims to achieve the return of
the FTSE Developed Europe Small Cap Index, plus 3% per annum over rolling five year
periods (before charges). The Performance Target is the level of performance that the
management team hopes to achieve for the fund. There is however no certainty or promise
that they will achieve the Performance Target.
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 name: OMR Premier Responsible UK Eq
