New objective:
This fund primarily invests in a portfolio of North American equities and aims to provide long-term capital growth. Volatility should be expected because of the type of investment, the foreign content and exchange rate fluctuations.
New objective:
This fund primarily invests in a managed portfolio of North American equities, with exposure to both large and small companies. The fund aims to provide long-term capital growth. Volatility should be expected because of the type of investment, the foreign content and exchange rate fluctuations.
New objective:
This fund invests in UK Government issued fixed interest stocks (gilts) and directly held equities of the 100 largest companies traded on the London Stock Exchange.
The Fund Manager First Sentier has advised that they are closing the fund to all purchases with immediate effect whilst they complete the process of closing the fund. The decison to close the fund has been taken due to the value of assets held in the fund falling to a level at which it is not financially viable for Fund Manager to continue its management.
The fund is still open for redemptions, so customers are still able to withdraw and switch out of the fund until valuation point 24/01/2023.
The Fund will close on 25/01/2023. We will provide an update to customers invested shortly explaining what this means for them and what their options are.
Default Replacement Fund: OMR CT Responsible UK Equity
Closing Fund TER: 1.40%
Default Replacement Fund TER: 1.21%
Objective of Default Replacement Fund: The Fund aims to achieve long-term capital growth with some income. The Fund invests only in assets which meet the Fund’s predefined ethical screening criteria. The Fund invests primarily in equities of UK companies. These are companies in any economic sector and of any market capitalisation that may be listed, quoted or traded in the UK or elsewhere but which are incorporated, domiciled or conduct a significant portion of their business in the UK.
The closing fund will be closed to new business immediately.
The Fund Manager First Sentier has advised that they are closing the fund to all purchases with immediate effect whilst they complete the process of closing the fund. The decison to close the fund has been taken due to the value of assets held in the fund falling to a level at which it is not financially viable for Fund Manager to continue its management.
The fund is still open for redemptions, so customers are still able to withdraw and switch out of the fund until valuation point 24/01/2023.
The Fund will close on 25/01/2023. We will provide an update to customers invested shortly explaining what this means for them and what their options are.
Default Replacement Fund: OMR CT Responsible UK Equity
Closing Fund TER: 1.40%
Default Replacement Fund TER: 1.21%
Objective of Default Replacement Fund: The Fund aims to achieve long-term capital growth with some income. The Fund invests only in assets which meet the Fund’s predefined ethical screening criteria. The Fund invests primarily in equities of UK companies. These are companies in any economic sector and of any market capitalisation that may be listed, quoted or traded in the UK or elsewhere but which are incorporated, domiciled or conduct a significant portion of their business in the UK.
The closing fund will be closed to new business immediately.
Default Replacement Fund: OMR QI Asia Pc xJp LC Eq Inv
Closing Fund TER: 1.52%
Default Replacement Fund TER: 1.34%
Objective of Default Replacement Fund: The Fund aims to achieve capital growth and to outperform the MSCI All Countries Asia Pacific ex Japan Index, net of charges, over rolling five year periods. The Fund invests at least 80% of the value of its property in shares of companies that are listed, located or have a significant portion of their business in developed and emerging markets in Asia and Australasia, excluding Japan. Investment may be direct or indirect (e.g. through collective investment schemes or derivatives), however the ACD expects that the Fund will typically hold investments directly.
The closing fund will be closed to new business immediately.
Default Replacement Fund: OMR Jupiter Merian North American Equity (OS)
Closing Fund TER: 1.13%
Default Replacement Fund TER: 0.97%
Objective of Default Replacement Fund: The objective of the fund is to seek to achieve long term capital growth through the active management of a diversified portfolio invested primarily in North American stock markets. It is not proposed to concentrate investments in any one industry or sector.
The closing fund will be closed to new business immediately.
Default Replacement Fund: OMR BNP Paribas Europe Equity
Closing Fund TER: 1.22%
Default Replacement Fund TER: 1.58%
Objective of Default Replacement Fund: Increase the value of its assets over the medium term by investing primarily in European equities.
The closing fund will be closed to new business immediately.
