Default Replacement Fund: OMR Allianz UK Listed Equity Income
Closing Fund IMC: 0.89%
Default Replacement Fund IMC: 1.06%
Objective of Default Replacement Fund: The Fund aims to generate a total return (income and capital growth) net of fees greater than that of the FTSE All-Share Index (net of fees) over a rolling 5 year period. The Fund also has a secondary objective to deliver an annual income yield greater than the FTSE All-Share Index. The ACD will invest at least 80% of the Fund’s assets in securities listed on the London Stock Exchange as represented in the FTSE All-Share Index. 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 BlackRock Natural Resources Fund
New objective: The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) (gross of fees). Although the Fund aims to achieve its investment objective, there is no guarantee that this will be achieved. The Fund’s capital is at risk meaning that the Fund could suffer a decrease in value and the value of your investment would decrease as a result. In seeking to achieve its investment objective, the Fund will invest at least 70% of its total assets in the equity securities (i.e. shares) and equity-related investments (i.e. other investments whose value is related to equities) of companies whose predominant economic activity is in the natural resources sector which includes, but is not limited to, mining, agriculture and energy. 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: 1.36%
New TER: 1.24%
Current TER: 1.34%
New TER: 1.22%
Current TER: 1.34%
New TER: 1.22%
Current TER: 1.28%
New TER: 1.06%
Current TER: 1.34%
New TER: 1.22%
Current TER: 0.87%
New TER: 0.76%
New Share Class: Threadneedle Lux – European High Yield Bond 3G (GBP ACC)
Old TER: 0.97%
New TER: 0.79%
New Name:Jupiter Merlin Conservative Select
New objective:
The objective of the Fund is to provide a return, through a combination of capital growth and income, net of fees, over the long term (at least five years). At least 70% of the Fund is invested in collective investment schemes, with typically between 40% to 70% and at least 25% in funds managed or operated by Jupiter or an associate of Jupiter. Up to 30% of the Fund may be invested in other transferable securities, cash and near cash. The Fund will have exposure (direct and/or indirect) of: (i) at least 60% to fixed interest securities; and (ii) up to 35% to shares of companies. The Fund will aim to achieve it’s investment objective by investing at least 70% of the Fund in collective investment schemes (such as unit trusts, OEICs, SICAVs, exchange traded funds (ETFs) and closed or open-ended funds) which may have exposure to shares of companies globally, fixed interest securities, derivatives (including for investment purposes), commodities or property.
