Old TER: 1.345%
New TER:1.175%
Old TER: 1.445%
New TER: 1.175%
New Fund: OMR Prof Quilter Investors Cirilium Balanced Blend Portfolio
We previously wrote to customers that were subject to this merger, which included information regarding the Total Expense Ratio (TER) of the replacement fund. We incorrectly stated in the letter that the TER would reduce from 0.87% to 0.65%, however the TER has not changed as a result of the merger, and therefore remains at 0.87%.
We apologise for this error and any confusion that it may have caused.
New Fund: OMR Quilter Investors Cirilium Balanced Blend Portfolio
We previously wrote to customers that were subject to this merger, which included information regarding the Total Expense Ratio (TER) of the replacement fund. We incorrectly stated in the letter that the TER would reduce from 0.87% to 0.65%, however the TER has not changed as a result of the merger, and therefore remains at 0.87%.
We apologise for this error and any confusion that it may have caused.
Old TER: 1.31%
New TER: 1.14%
Old Share Class: R Accumulation
New Share Class: I Accumulation
Old TER: 1.34%
New TER: 0.97%
New Fund Name: OMR Schroder Income Portfolio
New Objective:
The underlying fund aims to provide an income of 3% to 5% per year and capital growth by investing in a diversified range of assets and markets worldwide with a target average annual volatility (a measure of how much the underlying fund’s returns may vary over a year) over a rolling five year period of between 50% to 65% of that of global stock markets (represented by the MSCI All Country World index). This is not guaranteed and could change depending on market conditions. New TER: 0.84%
New fund name:
OMR Jupiter Emerging Market Debt Income
New TER: 1.29%
New objective:
The underlying fund seeks to achieve total return through investment in a well-diversified portfolio of fixed and variable rate debt securities issued in the Emerging Markets worldwide.
Old TER: 1.42%, New TER: 1.34%
New fund name: OMR VT Sinfonia Income & Growth Portfolio
New ACD: Valu-Trac Investment Management Limited
Old ACD: Investment Fund Services Limited
New TER: 1.67%
Old TER: 1.67%
New objective: The underlying fund aims to provide returns over the long term (5 years) by a combination of both capital growth and income generation. The underlying fund will invest in a diversified portfolio of equities as well as fixed interest securities, warrants and money market instruments primarily (at least 70%) through investment in a portfolio of collective investment schemes (which may include those managed and/or advised by the Authorised Corporate Director (VT) or Investment Manager). The underlying fund will typically be invested in a global portfolio of assets with a focus on UK assets.
Old objective: The underlying fund aims to provide income and capital growth for investors over the long term by investing in a diversified portfolio of equities as well as fixed interest securities, warrants and money market instruments primarily through investment in a portfolio of collective investment schemes.
