We have been notified by Aviva Investors that they will be closing the underlying fund which this fund invests in.
The Fund Manager has advised that the closure process is expected to take 12-24 months, however it may take longer than this depending on market conditions. The funds will remain suspended throughout the closure process to ensure fair treatment of all investors.
The Manager of the underlying Aviva fund will issue cash proceeds periodically throughout the closure process, with the first of these payments expected to be made around late July 2021.
Following receipt of each cash distribution from Aviva, we will promptly calculate how much is due to each of our customers based on the proportion of the OMR unit-linked fund they hold, and issue a further communication to confirm when the customer payments have been made.
For our customers that still hold units in the OMR fund, we will process the payment to plans by adding units in the replacement fund OMR Janus Henderson UK Property Fund. For plans that have surrendered but are still awaiting proceeds related to their holding in the OMR Aviva UK Property fund, a cash payment will be made.
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
Dealing will recommence for the valuation point of Monday 26 July 2021
We have been notified by Aviva Investors that they will be closing the underlying fund which this fund invests in.
The Fund Manager has advised that the closure process is expected to take 12-24 months, however it may take longer than this depending on market conditions. The funds will remain suspended throughout the closure process to ensure fair treatment of all investors.
The Manager of the underlying Aviva fund will issue cash proceeds periodically throughout the closure process, with the first of these payments expected to be made in late July 2021.
