Old share class: D Acc
Old TER: 1.73%
New share class: B Acc
New TER: 1.72%
New Fund Name: OMR Aviva Multi-Asset Income (SDB) Fund
Old TER: 0.65%
New TER: 0.57%
Please note the Income Distribution Pay dates will be changing from quarterly to monthly, where income is to be paid on or before the 14th of each month.
New Investment Objective: The Fund aims to deliver an income return in excess of the Index over any given 3-year period and provide an average annual net return greater than the Index over rolling 5-year periods. This should result in the growth of your investment over the long term.
The Index is a composite index comprising 30% MSCI AC World Index, 20% Bloomberg Global High Yield Total Return Value Index and 50% Bloomberg Global Aggregate Corporate Total Return Index (Hedged GBP).
The Fund will invest at least 60% in bonds issued by companies, governments or supranational organisations globally (including in emerging markets). The Fund may invest in both investment grade and non-investment grade (high yield) bonds, with “investment grade” taken to mean bonds which have been independently rated with a credit rating of BBB-/Baa3 or above. The Fund will also invest in the shares of companies in both developed and emerging market countries. The Fund may invest in core investments directly or indirectly via either other funds (including funds managed by Aviva Investors companies) or through the use of derivatives.
The Fund is actively managed, which means the Investment Manager selects which investments to buy or sell, and when. 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 TER: 2.28%
New TER: 1.58%
Old TER: 2.08%
New TER: 1.38%
Old TER: 1.98%
New TER: 1.28%
Old TER: 0.81%
New TER: 0.77%
Old TER: 0.88%
New TER: 0.83%
Following a review of external fund manager charges applied to our funds, we have increased the Total Expense Ratio on the ReAssure funds included in the attached list.
Old TER: 1.13%
New TER: 1.12%
Old TER: 1.418767873%
New TER: 1.42%
