OMR Aberdeen UK Property Feeder Unit Trust

Receiving fund – OMR Standard Life UK Real Estate Feeder

OMR Threadneedle UK Select

Receiving fund : – OMR Threadneedle UK

OMR ASI Target Return Bond

Closing fund – OMR ASI Target Return Bond – Total Expense Ratio 0.77%
New fund – OMR BlackRock Absolute Return Bond – Total Expense Ratio 0.80%

OMR EdenTree Higher Income

New Fund Name: OMR EdenTree Responsible and Sustainable Managed Income

OMR Schroder MM Diversity Income

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%

OMR Liontrust Japan Opportunities

Receiving Fund: OMR Liontrust Japan Equity

OMR Liontrust Global Equity

New Fund Name: OMR Liontrust Global Innovation

JPMorgan Life Global Equity All Countries Fund (former HSBC customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund changes

The Annual Management Charge (AMC) is included in the total charge you pay, so there will be no change to the charges you pay.

Closing fund objective:

The JPMorgan Life Global Dynamic Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in global equities. The Fund seeks to achieve excess return through style analysis and stock selection. The Fund is well diversified, typically holding 200300 stock positions and under normal circumstances, is fully invested. Target excess return over 3 years: 3% per annum (gross of fees). Target tracking error: Long-term average of 4%-7%.

Replacement fund: Global Equity

Replacement fund objective:

This Fund aims to offer investors the opportunity to grow their money by investing in the world’s major stock markets. This Fund seeks to invest in a wide range of companies from around the world using an investment process called MERIT (Multi-Factor Enhanced Return Investment Technique). This investment process seeks to invest in a wide range of companies that combine both attractive valuations and positive corporate earnings and price momentum signals. This process involves assessing a number of financial measures for each company to identify which companies look cheap (or undervalued) relative to their peer companies.

Investments in company shares (also known as equities) generally carry a higher investment (or capital) risk than cash, fixed interest or property investments.

JPMorgan Life US Equity All Cap Fund (former HSBC customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund changes

The Annual Management Charge (AMC) is included in the total charge you pay, so there will be no change to the charges you pay.

Closing fund objective:

The JPMorgan Life US Equity Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in US equities, either directly or through other funds. The Fund seeks to achieve excess return through stock selection. Normally the Fund only invests in equities issued by companies that are listed, and primarily traded, in the USA. The Fund is well diversified and under normal circumstances, is fully invested, with cash holdings kept to a minimum. Target excess return over a full market cycle: 35 years: 2% per annum (gross of fees). Target tracking error: Long-term average of 3%-6%.

Replacement fund: North American Equity Index Tracker

Replacement fund objective:

This fund primarily invests in a portfolio of European equities, excluding the UK, and aims to provide long-term capital growth. Volatility should be expected because of the type of investment.

JPMorgan Life Limited – UK Specialist Equity Fund (former HSBC customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund change

The Annual Management Charge (AMC) is included in the total charge you pay, so there will be no change to the charges you pay.

Closing fund objective:

The JPM Life UK Specialist Equity fund aims to achieve capital growth by investing in the shares of UK companies. Its target is to outperform index that represents UK companies on the London Stock Exchange by 2% a year over 3 years before fees are taken into account. The fund looks to spread investment risk by investing in a wide range of UK companies in different sectors of the market. The investment team focuses on stocks that have specific growth value characteristics as experience has shown that holding both growth and value stocks in a portfolio can lead to more consistent out performance over the longer term.

Replacement fund:  JPMorgan Fund ICVC – JPM Equity Core Fund

Replacement fund objective:

To provide capital growth and outperform the FTSE™ All-Share Index (Net)over the long-term, after fees, by investing at least 80% of the Fund’s assets in a portfolio of UK companies

JPMorgan Life All Emerging Market Equity Fund (former HSBC customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund change

The Annual Management Charge (AMC) is included in the total charge you pay, so there will be no change to the charges you pay.

Closing fund objective: 

The JPMorgan Life All Emerging Markets Equity Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in emerging markets equities and may have exposure to smaller companies on an ancillary basis, either directly or through other funds. The Fund is well diversified and under normal circumstances, is fully invested, with cash holdings kept to a minimum. Normally the Fund only invests in the JPM Emerging Markets Fund, a UK authorised open-ended investment company. Target excess return over 3 years: 3% per annum (gross of fees). Target tracking error: Long-term average of 4%+.

Replacement fund: JPM Emerging Markets Fund

Replacement fund objective: 

To provide long term capital growth by investing primarily in equity securities of emerging markets companies.

JPMorgan Life Limited – Diversified Growth Fund (former HSBC customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund change

The Annual Management Charge (AMC) is included in the total charge you pay, so there will be no change to the charges you pay.

Closing fund objective:

The JPMorgan Life Diversified Growth Fund is a pooled life fund for pension schemes. The Fund aims to maximise long-term capital growth for clients by investing directly in a diversified mix of asset classes including global equities, property, absolute return funds, high yield bonds, private equity and commodities. The Fund may also hold derivatives. The Fund is well diversified and, under normal circumstances, is fully invested, with cash holdings kept to a minimum.

Replacement fund: JPM Fund III ICVC – JPM Diversified Growth Fund

Replacement fund objective:

The Fund aims to provide long term capital growth by investing in a diversified mix of asset classes. As a result of its diversified portfolio the Fund is expected to have a lower level of volatility than equity markets as represented by the MSCI World Index. The Fund may invest either directly or via collective investment schemes, which may be managed by the Investment Adviser or any other member of JPMorgan Chase & co., in a broad range of assets including, but not limited to, global equities, fixed income (including high yield and emerging market debt), alternatives (including private equity and property) and cash and cash equivalents. The Fund may have exposure to Emerging Markets and smaller companies.

JPMorgan Life Balanced Fund (former L&G customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund change

The Investment Management Charges (IMC) on the replacement funds are all lower than what you were previously paying. This means you will be paying a lower charge in the future.

Closing fund objective:

The JPMorgan Life Moderate Fund (the “Fund”) is a pooled life fund for pension schemes investing primarily in global equities and bonds, normally through other JPM Life funds. The Fund may also hold derivatives. The Fund seeks to achieve excess return through fund selection, country allocation, asset allocation, and currency exposure. The Fund is well diversified and under normal circumstances, is fully invested, with cash holdings kept to a minimum.

Closing fund IMC: 0.30%

Replacement fund: Man Balanced Managed Retail Acc A

Replacement fund objective:

The investment objective of the Fund is to provide capital growth over the long term (over 5 year rolling periods). In order to achieve the Fund’s objective, the Fund invests at least 70% of its assets in other investment funds which are operated, managed or advised by the ACD or any of its associates.

Replacement fund IMC: 0.30%

JPMorgan Life Diversified Equity Fund (former L&G customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund change

The Investment Management Charges (IMC) on the replacement funds are all lower than what you were previously paying. This means you will be paying a lower charge in the future.

Closing fund objective:

The fund aims to achieve excess return through fund selection, as well as regional and country allocation. The fund will have a bias towards the UK. The fund may invest in funds which use derivatives for investment purposes. It may also use derivatives for efficient portfolio management or reduction of investment risk. The fund is well diversified, and under normal circumstances is fully invested, with cash holdings kept to a minimum.

Closing fund IMC: 0.30%

Replacement fund: BNY Mellon Global Equity GBP Inc

Replacement fund objective: 

The Sub-Fund aims to achieve capital growth over the long term (5 years or more). The Sub-Fund is actively managed and invests at least 75% in global equities (company shares), including ordinary shares, preference shares and other equity-related securities. The Sub-Fund may also invest in collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company or other BNY Mellon funds), money market instruments, deposits, cash and near cash.

Replacement fund IMC: 0.30%

 

 

JPMorgan Life Limited – UK Specialist Equity (former L&G customers)

JPMorgan Life Limited will be closing each of its life funds by Friday 15 October 2021 and will then wind-up the company itself.

Fund change

The Investment Management Charges (IMC) on the replacement funds are all lower than what you were previously paying. This means you will be paying a lower charge in the future.

Closing fund objective:

The JPM Life UK Specialist Equity fund aims to achieve

capital growth by investing in the shares of UK companies. Its target is to outperform index that represents UK companies on the London Stock Exchange by 2% a year over 3 years before fees are taken into account. The fund looks to spread investment risk by investing in a wide range of UK companies in different sectors of the market. The investment team focuses on stocks that have specific growth value characteristics as experience has shown that holding both growth and value stocks in a portfolio can lead to more consistent out performance over the longer term.

Closing fund IMC: 0.30%

Replacement fund: JPMorgan Fund ICVC – JPM Equity Core Fund

Replacement fund objective:

To provide capital growth and outperform the FTSE™ All-Share Index (Net)over the long-term, after fees, by investing at least 80% of the Fund’s assets in a portfolio of UK companies.

Replacement fund IMC: 0.24%

OMR Jupiter Absolute Return

New name – OMR Jupiter Flexible Macro
New objective – To provide a positive total return, net of fees, higher than SONIA GBP independent of market conditions over a 3-year rolling period.

Capital invested in the fund is at risk and there is no guarantee that the investment objective will be achieved over the 3-year rolling periods or in respect of any other time period.

The fund can invest in a wide range of assets to achieve its investment objective, including shares of companies, fixed interest securities and entering into derivative transactions for investment purposes. The investment manager seeks to identify global investment themes and opportunities through a macro-economic driven investment process involving analysis of large-scale economic trends, including economic fundamentals (such as growth, inflation, manufacturing, industrial production and consumer spending), monetary and fiscal policy, and market sentiment.

OMR Ninety One Cautious Managed

New Fund Name: OMR Ninety One Global Income Opportunities

New Objective:
To provide income with the opportunity for capital growth (i.e. to grow the value of your investment) over at least 5 years.
The fund targets a return of UK Consumer Prices Index (CPI) +4% each year (before fees), over 5-year rolling periods. While the fund aims to achieve its objective and its performance target, there is no guarantee that either will be achieved, over 5-year rolling periods or over any period and there is a risk of loss.

OMR Jupiter Local Currency Emerging Market Debt

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.

OMR Elite Hasley Diversified Portfolio

We have taken the decision to close the suspended OMR Elite Hasley Diversified Portfolio fund. Customers have been switched into the OMR Deposit fund with a transaction date of 22 September 2021.

Customers will receive switch notices confirming this transaction shortly after its effective date.

OMR Aviva European Property

We have taken the decision to close the suspended OMR Aviva European Property fund. Customers have been switched into the OMR Deposit fund with a transaction date of 22 September 2021.

Customers will receive switch notices confirming this transaction shortly after its effective date.

OMR EF FACET Cautious Discretionary Portfolio

We have taken the decision to close the suspended OMR EF FACET Cautious Discretionary Portfolio fund. Customers have been switched into the OMR Deposit fund with a transaction date of 22 September 2021.

Customers will receive switch notices confirming this transaction shortly after its effective date.

OMR EF FACET Balanced Discretionary Portfolio

We have taken the decision to close the suspended OMR EF FACET Cautious Discretionary Portfolio fund. Customers have been switched into the OMR Deposit fund with a transaction date of 22 September 2021.

Customers will receive switch notices confirming this transaction shortly after its effective date.

OMR LF Equity Income

We have taken the decision to close the suspended OMR LF Equity Income fund. Customers have been switched into the OMR Deposit fund with a transaction date of 22 September 2021.

Customers will receive switch notices confirming this transaction shortly after its effective date.

OMR AXA Framlington UK Growth

New Fund Name: OMR AXA Framlington UK Sustainable Equity

New Objective:
The underlying fund aims to provide long-term capital growth over a period of 5 years or more by having at least 70% of its investments in shares of companies domiciled, incorporated or having significant business in the UK which the Manager believes will provide above-average returns. The underlying fund invests at least 80% of its investment in shares in large and medium sized companies.

The Manager aims to select companies that it deems will create a net positive contribution to society. These companies will either demonstrate leadership on sustainability issues through strong environmental, social and governance {ESG) practices {“leaders”) or will have shown a clear commitment to improve their ESG practices {“companies in transition”). The majority of the underlying fund’s investments {50% or more) will be in “leaders”.

OMR FP Apollo Multi Asset Adventurous

Dealing will recommence for the valuation point of Thursday 23rd September 2021. Fund has been suspended to accommodate a share class conversion being carried out by FundRock Partners Limited on the underlying fund.

OMR FP Apollo Multi Asset Balanced

Dealing will recommence for the valuation point of Thursday 23rd September 2021. Fund has been suspended to accommodate a share class conversion being carried out by FundRock Partners Limited on the underlying fund.

OMR FP Apollo Multi Asset Cautious

Dealing will recommence for the valuation point of Thursday 23rd September 2021. Fund has been suspended to accommodate a share class conversion being carried out by FundRock Partners Limited on the underlying fund.

OMR HSBC European Growth

Receiving Fund: OMR HSBC Europe EX-UK Equity

OMR Jupiter Distribution

New name – OMR Jupiter Multi-Asset Income
New objective – To provide regular income with the prospect of capital growth over the long term (at least five years).

At least 60% of the fund is invested in fixed interest securities (including collective investment schemes which themselves invest mainly (i.e. at least 50%) in fixed income securities), cash, near cash, money market instruments and deposits. The remainder of the fund will be invested in other assets, including shares of companies. The fund may use derivatives for investment purposes. At least 50% of the fund will be i) issued by companies based in the UK or ii) sterling-denominated or hedged back to sterling.

OMR Jupiter Distribution and Growth

New name – OMR Jupiter Multi-Asset Income and Growth
New objective – To provide income and capital growth over the long term (at least five years).

The fund can invest in a wide range of assets, including shares of companies and fixed-interest debt securities. The fund may use derivative transactions for investment purposes. At least 25% of the fund will be i) issued by companies based in the UK or ii) sterling-denominated or hedged back to sterling.

OMR BlackRock Global Equity

New Fund Name: OMR BlackRock Developed Markets Sustainable Equity

New Objective:

The underlying fund aims to provide a return on your investment (generated through an increase in value of the assets held by the fund and/or income received from those assets) (gross of fees) over the medium to long term (3 to 5 or more consecutive years beginning at the point of investment), by investing in a global portfolio of equity securities (e.g. shares) in a manner consistent with the principles of sustainable investing.

 

OMR FTF Franklin UK Equity Income

Dealing will recommence for the valuation point of Thursday 16th September 2021. Fund has been suspended to accommodate a share class conversion being carried out by Franklin Templeton Funds on the underlying fund.

FTF Templeton Global Leaders

Default Alternative Fund: BNY Mellon Global Equity

FTF Templeton Global Emerging Markets

Default Alternative Fund: Jupiter Global Emerging Markets Focus

FTF Franklin UK Managers Focus

Default Alternative Fund: Ninety One UK Special Situations

FTF Franklin UK Mid Cap

Default Alternative Fund: Jupiter UK Mid Cap

FTF Franklin UK Opportunities

Default Alternative Fund: Jupiter UK Alpha

FTF Franklin US Opportunities

Default Alternative Fund: QI US Equity Growth

OMR M&G Global Select

New Fund Name: OMR M&G Global Sustain Paris Aligned

New Objective:

The underlying fund has two aims:

To provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than that of the MSCI World Index over any five-year period.

and

To invest in companies that contribute towards the Paris Agreement climate change goal.

At least 80% of the fund is invested directly in equity securities and equity-related securities of companies across any sector and market capitalisation that are domiciled in any country, including Emerging Markets.

OMR WS Verbatim Portfolio 5 (Growth)

Dealing will recommence for the valuation point of Friday 3rd September 2021. Fund has been suspended to accommodate a share class conversion being carried out by Waystone on the underlying fund.

OMR WS Verbatim Portfolio 5 (Income)

Dealing will recommence for the valuation point of Friday 3rd September 2021. Fund has been suspended to accommodate a share class conversion being carried out by Waystone on the underlying fund.

WS Verbatim Portfolio 4

Default Alternative Fund: VT Sinfonia Cautious Managed

WS Verbatim Portfolio 6

Default Alternative Fund:Blackrock Balanced Growth

WS Verbatim Portfolio 7

Default Alternative Fund:Quilter Investors Creation Adv Portfolio

WS Verbatim Portfolio 3

Default Alternative Fund:ASI Multi-Manager Diversity

OMR Legg Mason IF Clearbridge US Equity

New Fund Name: OMR FTF Clearbridge US Equity

OMR Legg Mason IF Clearbridge US Equity

New Fund Name: OMR FTF Clearbridge US Equity

OMR Legg Mason IF Japan Equity

New Fund Name: OMR FTF Martin Currie Japan Equity

OMR Legg Mason IF Martin Currie Asia Unconstrained

New Fund Name: OMR FTF Martin Currie Asia Unconstrained

OMR Legg Mason IF Martin Currie European Unconstrained

New Fund Name: OMR FTF Martin Currie European Unconstrained

OMR Legg Mason IF Martin Currie Global Unconstrained

New Fund Name: OMR FTF Martin Currie Global Unconstrained

OMR Legg Mason IF Martin Currie US Unconstrained

New Fund Name: OMR FTF Martin Currie US Unconstrained

OMR Legg Mason IF Western Asset Retirement Income Bond

New Fund Name: OMR FTF Western Asset Retirement Income Bond

OMR Quilter Investors Global Property Securities

Old TER: 1.42%, New TER: 1.34%

OMR Quilter Investors Global Property Securities

Old AMC: 1.90%, New AMC: 1.82%

OMR EAB Quilter Investors Global Property Securities

Old AMC: 1.90%, New AMC: 1.82%

OMR EAB Quilter Investors Global Property Securities

Old AMC: 1.90%, New AMC: 1.82%

OMR AXA Framlington European

OMR AXA ACT Framlington Clean Economy

The underlying fund aims to: (i) provide long-term capital growth over a period of 5 years or more; and (ii) seek to achieve a sustainable investment objective, in line with a responsible investment approach. The underlying fund invests at least 80% of its investments in shares of listed companies of any size which are based anywhere in the world and which the Manager believes will generate both above-average returns and a positive and measurable impact on the planet, incorporating the analysis of environmental, social and governance (ESG) factors.

OMR AXA Framlington European

The underlying fund aims to: (i) provide long-term capital growth over a period of 5 years or more; and (ii) seek to achieve a sustainable investment objective, in line with a responsible investment approach. The underlying fund invests at least 80% of its investments in shares of listed companies of any size which are based anywhere in the world and which the Manager believes will generate both above-average returns and a positive and measurable impact on the planet, incorporating the analysis of environmental, social and governance (ESG) factors.

OMR First Sentier Asian Property Securities

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR JPM Japan

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR Quilter Investors Japanese Equity (Schroder)

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR HSBC Japan Index

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR Invesco Responsible Japanese Equity Value Discovery (UK)

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR Invesco Japanese Smaller Companies (UK)

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR iShares Japan Equity Index (UK)

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR Janus Henderson Japan Opportunities

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR Prof iShares Japan Equity Index (UK)

Dealing will recommence for the valuation point of Monday 26 July 2021

OMR Barings Multi Asset

Default Alternative Fund: OMR Janus Henderson Multi-Asset Absolute Return.

OMR Barings Multi Asset (B) (Closed to all Purchases)

Default Alternative Fund: OMR BlackRock Absolute Return Bond

OMR ASI Global Ethical Equity

New Fund Name: OMR ASI Global Sustainable and Responsible Investment Equity

New Objective: The underlying fund aims to generate growth over the long term (5 years or more) by investing in global equities (company shares) which adhere to the ASI Sustainable and Responsible Investment Equity Approach and to achieve the return of the MSCI AC World Index plus 3% per annum over rolling three year periods (before charges).

OMR Liontrust Global Income

Receiving fund: OMR Liontrust Global Dividend

Fund Suspension date: 21/06/2021

Merger Effective date: 28/06/2021

OMR Liontrust European Opportunities

Receiving fund: OMR Liontrust European Growth

Fund Suspension date: 21/06/2021

Merger Effective date: 28/06/2021

OMR Professional Liontrust Global Income

Receiving fund: OMR Professional Liontrust Global Dividend

Fund Suspension date: 21/06/2021

Merger Effective date: 28/06/2021

OMR M&G Feeder of Property Portfolio

New objective from 25/06/2021: The Trust aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period solely through investment in M&G Property Portfolio.

OMR Premier Miton Multi-Asset Conservative Growth

Fund Merger: OMR Premier Miton Multi-Asset Conservative Growth

Receiving Fund: OMR Premier Miton Defensive Multi Asset

Date Merger effective from: 21/06/2021

Merging Fund Suspension effective from: 18/06/2021

OMR Invesco Japan (UK)

New Fund Name: OMR Invesco Responsible Japanese Equity Value Discovery (UK)

New Objective: The underlying fund aims to achieve long-term (5 years plus) capital growth by investing at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in Japan which meet the underlying fund’s environmental, social and governance (ESG) criteria.

OMR HSBC Gilt & Fixed Interest

Default Alternative Fund: OMR Schroder Gilt & Fixed Interest

OMR IFSL Sinfonia Adventurous Growth Portfolio

New fund name: OMR VT Sinfonia Adventurous Growth Portfolio

New ACD: Valu-Trac Investment Management Limited

Old ACD: Investment Fund Services Limited

New TER: 1.76%

Old TER: 1.81%

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 primarily invest (at least 70%) in a diversified portfolio of fixed interest securities and equities, as well as warrants, and money market instruments, 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 but may also focus on UK assets.

Old objective: The underlying fund aims to provide long term capital growth by investing in a diversified portfolio of fixed interest securities and equities, as well as warrants, and money market instruments, through investment in a portfolio of collective investment schemes.

OMR IFSL Sinfonia Cautious Managed Portfolio

New fund name: OMR VT Sinfonia Cautious Managed Portfolio

New ACD: Valu-Trac Investment Management Limited

Old ACD: Investment Fund Services Limited

New TER: 1.64%

Old TER: 1.71%

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 and may also focus on UK assets.

Old objective: The underlying fund aims to provide long term returns, by a combination of both capital growth and income generation, 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.

OMR IFSL Sinfonia Income Portfolio

New fund name: OMR VT Sinfonia Income Portfolio

New ACD: Valu-Trac Investment Management Limited

Old ACD: Investment Fund Services Limited

New TER: 1.66%

Old TER: 1.83%

New objective: The underlying fund aims to provide returns over the long term (5 years) by a combination of both income generation as well as some capital growth. The underlying fund will invest in a diversified portfolio of equities, 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 regular income with some potential for capital growth over the long term, by investing in a diversified portfolio of equities, fixed interest securities, warrants and money market instruments primarily through investment in a portfolio of collective investment schemes.

OMR IFSL Sinfonia Income & Growth Portfolio

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.

OMR IFSL Sinfonia Balanced Managed Portfolio

New fund name: OMR VT Sinfonia Balanced Managed Portfolio

New ACD: Valu-Trac Investment Management Limited

Old ACD: Investment Fund Services Limited

New objective: The underlying fund aims to provide returns over the medium to long term (3 – 5 years) by a combination of both capital growth and income generation. The underlying fund will invest in a diversified portfolio of fixed interest securities and equities as well as 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 and may focus on UK and European assets.

Old objective: The underlying fund aims to provide medium to long term capital growth by investing in a diversified portfolio of fixed interest securities and equities, as well as warrants, and money market instruments, primarily through investment in a portfolio of collective investment schemes.

OMR Prof Aviva Investors UK Property Feeder (currently suspended)

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.

OMR Aviva Investors UK Property Feeder (currently suspended)

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.

OMR Prof Aviva Investors UK Property Feeder (currently suspended)

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.

OMR Aviva Investors UK Property Feeder (currently suspended)

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 directly to their plans. 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.

OMR Prof Aviva Investors UK Property Feeder (currently suspended)

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 directly to their plans. For plans that have surrendered but are still awaiting proceeds related to their holding in the OMR Prof Aviva UK Property fund, a cash payment will be made.

OMR Aviva Investors UK Property Feeder (currently suspended)

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, the OMR Standard Life UK Real Estate Accumulation Feeder. 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.

OMR Prof Aviva Investors UK Property Feeder (currently suspended)

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, the OMR Prof Deposit. 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.

OMR Schroder Core UK Equity

New fund name – OMR Schroder Sustainable UK Equity

New objective – To provide capital growth and income in excess of the FTSE All Share (Gross Total Return) index (after fees have been deducted) over a three to five year period by investing in equity and equity related securities of UK companies which meet the Investment Manager’s sustainability criteria.

OMR Aegon Sustainable Diversified Growth

Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.

OMR Aegon Ethical Corporate Bond

Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.

OMR Aegon Ethical Equity

Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.

OMR Aegon High Yield Bond

Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.

OMR Aegon Strategic Bond

Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.

OMR Aegon UK Opportunities

Dealing will recommence for the valuation point of Monday 24th May 2021. Fund has been suspended to accommodate a share class conversion being carried out by Aegon on the underlying fund.

OMR Schroder Strategic Credit

New Objective:
The underlying fund aims to provide income and capital growth in excess of the ICE B of A Sterling 3 month Government Bill Index (after fees have been deducted) over a three to five year period by investing in fixed and floating rate securities of companies worldwide but this cannot be guaranteed and your capital is at risk.

OMR M&G Feeder of Property Portfolio

Dealing will recommence for the valuation point on 10 May 2021. We will accept online instructions from 2pm on 7 May 2021.

Update to fund’s prospectus: Introduction of rapid sales provision, which will enable the ACD of the M&G Property Portfolio to agree with the Standing Independent Valuer a fair and reasonable price to reflect the rapid sale of a property. Although this may result in selling a property at a lower price than its market value, it is expected that the use of the Provision will solely be used under exceptional circumstances such as periods in which wider market uncertainty leads to sustained high levels of outflows.

OMR Allianz UK Equity Income

New Fund Name: OMR Allianz UK Listed Equity Income

New Objective:
The primary investment objective of the Allianz UK Listed Equity Income Fund is to generate a total return (income together with capital growth) net of fees greater than that of the FTSE All-Share Index, 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.

Investors should be aware that the Fund’s capital is at risk and there is no guarantee that the Fund will achieve its investment objective over the above period or at all.

 

OMR First Sentier Asian Property Securities

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Man GLG Japan Core Alpha (Unhedged)

Dealing will recommence for the valuation point of Thursday 6 May 2021

Default Pricing Basis Change on ReAssure Life Funds

We are changing the pricing basis that we usually use on a daily basis to value the ReAssure Life fund range from expanding to contracting from 4th May 2021.

The contracting price is based on the price issued by the Manager of the underlying fund to sell units (the ‘bid’ price), whereas the expanding price is based on the price to buy units in the underlying fund (the ‘offer’ price). The ‘bid’ price will be lower than the ‘offer’ price due to the additional expenses involved when the underlying fund manager needs to buy additional assets.

By carrying out this change, customer valuations will reflect the pricing basis that they are likely to receive on exiting the fund in question.

The expanding pricing basis may still be used on days where there is more investment into the fund than taken out.

OMR iShares Japan Equity Index (UK)

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR HSBC Japan Index

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Invesco Japan (UK)

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Invesco Japanese Smaller Companies (UK)

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Janus Henderson Institutional Japan Index Opportunities

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Janus Henderson Japan Opportunities

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Professional Invesco Japan (UK)

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR Professional iShares Japan Equity Index (UK)

Dealing will recommence for the valuation point of Thursday 6 May 2021

OMR JPM Japan

Fund will be available for trading on Friday 30 April 2021 but then re-suspend from Tuesday 4 May 2021. Dealing will re-commence for this fund for the valuation point of Thursday 6 May 2021

OMR Quilter Investors Japanese Equity (Schroder)

Fund will be available for trading on Friday 30 April 2021 but then re-suspend from Tuesday 4 May 2021. Dealing will re-commence for this fund for the valuation point of Thursday 6 May 2021

OMR Legg Mason IF Clearbridge US Equity

Fund suspended until 4th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Legg Mason IF Japan Equity

Fund suspended until 5th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Legg Mason IF Martin Currie Asia Unconstrained

Fund suspended until 4th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Legg Mason IF Martin Currie European Unconstrained

Fund suspended until 4th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Legg Mason IF Martin Currie Global Unconstrained

Fund suspended until 4th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Legg Mason IF Martin Currie US Unconstrained

Fund suspended until 4th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Legg Mason IF Western Asset Retirement Income Bond

Fund suspended until 4th May 2021 to accommodate a share class conversion that will be effective on 29th April 2021

OMR Liontrust European Income

OMR Janus Henderson UK Absolute Return

OMR Janus Henderson Absolute Return

OMR VT Seneca Diversified Income

New fund name: OMR VT Momentum Diversified Income

New objective: The underlying fund aims to provide income over the medium to long term (3-5 years) by investing in a balanced and well diversified portfolio of UK and International equities which the Investment Manager expects to be able to generate income (i.e. dividends) as well as some fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes (which may include funds managed and/or operated by the ACD or Investment Manager), money markets and cash deposits to provide further diversification to the underlying fund in accordance with applicable regulations.

Old Objective: The underlying fund aims to provide a high level of growing income by investing in a balanced and well diversified portfolio of UK and International equities, fixed interest securities including government and corporate bonds.

OMR VT Seneca Diversified Growth

New fund name: OMR VT Momentum Diversified Growth

New objective: The underlying fund aims to achieve capital growth over the long term (5 years) by investing in a balanced and well diversified portfolio of UK and International equities which the Investment Manager expects to grow in value as well as some fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes (which may include funds managed and/or operated by the ACD or Investment Manager), money markets and cash deposits to provide further diversification to the underlying fund in accordance with applicable regulations.

Old objective: The underlying fund aims to achieve long-term capital growth by investing in a balanced and well diversified portfolio of UK and International equities, and fixed interest securities including government and corporate bonds.

OMR Templeton Growth

New Fund Name – OMW Templeton Global Leaders
Old TER – 1.26%
New TER – 1.19%

OMR Aegon Diversified Growth

New fund name: OMR Aegon Sustainable Diversified Growth

New objective: To deliver a total return (capital growth plus income) that exceeds the UK Retail Prices Index by at least 4% per annum over any 5 year period. By investing in the Fund, capital is at risk. There is no guarantee that the Fund will deliver positive returns over this, or any, time period. The fund is a flexible multi-asset fund that invests across a range of asset classes on a global basis, taking into account factors such as global economic trends and growth opportunities. As a result, at any one time the fund may be diversified across asset classes, sectors, currencies or geographies in various proportions. At least 80% of the fund will usually consist of equities, corporate bonds and government and public securities and derivatives, with some flexibility to hold high levels of cash to meet the investment objective. All of the fund’s investments are subject to the Authorised Corporate Director’s (ACD) sustainability criteria relevant for each asset class. The ACD will, firstly, apply an exclusionary screen to exclude investments which the ACD considers have a negative impact on society and/or the environment.

OMR Janus Henderson UK & Irish Smaller Companies

OMR Janus Henderson UK Smaller Companies

OMR Janus Henderson Preference & Bond

OMR Janus Henderson Fixed Interest Monthly Income AQ

OMR Prof Janus Henderson Preference & Bond

OMR Prof Janus Henderson Fixed Interest Monthly Income AQ

OMR DMS Verbatim Portfolio 3

New Fund Name: OMR WS Verbatim Portfolio 3

OMR DMS Verbatim Portfolio 4

New Fund Name: OMR WS Verbatim Portfolio 4

OMR DMS Verbatim Portfolio 5 (Growth)

New Fund Name: OMR WS Verbatim Portfolio 5 (Growth)

OMR DMS Verbatim Portfolio 5 (Income)

New Fund Name: OMR WS Verbatim Portfolio 5 (Income)

OMR DMS Verbatim Portfolio 6

New Fund Name: OMR WS Verbatim Portfolio 6

OMR DMS Verbatim Portfolio 7

New Fund Name: OMR WS Verbatim Portfolio 7

OMR IFSL Avellemy 3

OMR IFSL Avellemy 4

OMR IFSL Avellemy 5

OMR IFSL Avellemy 6

OMR IFSL Avellemy 7

OMR IFSL Avellemy 8

OMR Ninety One Enhanced Natural Resources

Receiving Fund: OMR Ninety One Global Environment

Merging fund suspension effective from: 4 March 2021
Date merger effective from: 8 March 2021

OMR Ninety One Global Energy

Receiving Fund: OMR Ninety One Global Environment

Merging fund suspension effective from: 4 March 2021
Date merger effective from: 8 March 2021

OMR Quilter Investors Generation CPI+3 Portfolio

Default Alternative Fund: OMR DMS Verbatim Portfolio 5 (Income)

OMW Baillie Gifford European Growth plc

Old share class: Inc Ord GBP 25p, New share class: Inc Ord GBP 2.5P

OMR VT Garraway Multi Asset Diversified

OMR VT Garraway Multi Asset Balanced

OMR Ninety One UK Total Return

OMR Ninety One UK Special Situations (B Share Class)

OMR Premier Miton Defensive Multi Asset

Old AMC: 1.50%, New AMC: 1.25%

OMR Janus Henderson UK Property PAIF Feeder

Dealing will recommence for the valuation point on 24 February 2021. We will accept online instructions from 2pm on 23 February 2021.

OMR Professional Janus Henderson UK Property PAIF Feeder

Dealing will recommence for the valuation point on 24 February 2021. We will accept online instructions from 2pm on 23 February 2021.

OMR EAB Property

Dealing will recommence for the valuation point on 24 February 2021. We will accept online instructions from 2pm on 23 February 2021.

OMR Legg Mason IF Clearbridge US Equity

Direct Debits redirected to OMR Deposit

OMR Legg Mason IF Japan Equity

Direct Debits redirected to OMR Deposit

OMR Legg Mason IF Martin Currie Asia Unconstrained

Direct Debits redirected to OMR Deposit

OMR Legg Mason IF Martin Currie European Unconstrained

Direct Debits redirected to OMR Deposit

OMR Legg Mason IF Martin Currie Global Unconstrained

Direct Debits redirected to OMR Deposit

OMR Legg Mason IF Martin Currie US Unconstrained

Direct Debits redirected to OMR Deposit

OMR UBS UK Equity Income

Old TER: 0.65% New TER: 0.66%

OMR UBS US Equity

Old TER: 0.68% , New TER: 0.67%

OMR Merian Asia Pacific

OMR Jupiter Merian Asia Pacific

OMR Merian Corporate Bond

OMR Jupiter Investment Grade Bond

OMR Merian Global Equity

OMR Jupiter Merian Global Equity

OMR Merian Monthly Income Bond

OMR Jupiter Monthly Income Bond

OMR Merian North American Equity

OMR Jupiter Merian North American Equity

OMR Merian UK Alpha

OMR Jupiter UK Alpha

OMR Merian UK Alpha (A)

OMR Jupiter UK Alpha (A)

OMR Merian UK Mid Cap

OMR Jupiter UK Mid Cap

OMR Merian UK Opportunities

OMR Jupiter UK Opportunities

OMR Merian UK Smaller Companies

OMR Jupiter UK Smaller Companies

Merian UK Alpha (Rebate)

Jupiter UK Alpha (Rebate)

Prof Merian UK Alpha (Rebate)

Prof Jupiter UK Alpha (Rebate)

OMR EAB Merian Global Equity Income (IRL)

OMR EAB Jupiter Merian Global Equity Income (IRL)

OMR EAB Merian UK Alpha

OMR EAB Jupiter UK Alpha

OMR M&G Corporate Bond (Share class A)

Old AMC: 1.09%, New AMC: 0.79%

OMR M&G Episode Allocation (Share class A)

Old AMC: 1.3%, New AMC: 1.05%

OMR M&G Episode Growth (Share class A)

Old AMC: 1.4% , New AMC: 1.05%

M&G Episode Income (A) (Half Link)

Old AMC: 1.3%, New AMC: 1.05%

OMR M&G Feeder of Property Portfolio (Suspended)

Old AMC: 1.31% , New AMC: 1.21%

OMR M&G Global Convertibles (Share class A)

Old AMC: 1.35% , New AMC: 1.25%

OMR M&G Global Dividend (Share class A)

Old AMC: 1.36% , New AMC: 1.06%

OMR M&G Global Floating Rate High Yield (A-H)

Old AMC: 1.33%, New AMC: 1.03%

OMR M&G Global Government Bond (Share class A)

Old AMC: 1.05% , New AMC: 0.9%

OMR M&G Global High Yield Bond (Share class X)

Old AMC: 1.18% , New AMC: 0.98%

OMR M&G Global Macro Bond (Share class A)

Old AMC: 1.28% , New AMC: 1.03%

OMR M&G Global Select (Share class A)

Old AMC: 1.4% , New AMC: 1.3%

OMR M&G Global Themes (Share class X)

Old AMC: 1.36% , New AMC: 1.26%

OMR M&G Japan Smaller Companies (Share class A)

Old AMC: 1.4% , New AMC: 1.3%

OMR M&G Managed Growth (Share class X)

Old AMC: 1.4% , New AMC: 1.05%

OMR M&G North American Dividend (Share class A)

Old AMC: 1.2 %, New AMC: 0.95%

OMR M&G Optimal Income (Share class A)

Old AMC: 1.36 %, New AMC: 1.01%

OMR M&G Pan European Select Smaller Companies (Share class A)

Old AMC: 1.35% , New AMC: 1.25%

OMR M&G Recovery (Share class X)

Old AMC: 1.33% , New AMC: 1.08%

OMR M&G Smaller Companies (Share class A)

Old AMC: 1.35% , New AMC: 1.25%

OMR M&G Strategic Corporate Bond (Share class X)

Old AMC: 1.11 %, New AMC: 0.81%

OMR M&G UK Inflation Linked Corporate Bond (Share class A)

Old AMC: 1.15% , New AMC: 0.85%

OMR M&G UK Select (Share class A)

Old AMC: 1.2 %, New AMC: 1.1%

OMR Jupiter Absolute Return

new share class L

OMR Jupiter China

new share class L

OMR Jupiter Corporate Bond

new share class L

OMR Jupiter Distribution

new share class L

OMR Jupiter Distribution and Growth

new share class L

OMR Jupiter Ecology

new share class L

OMR Jupiter Emerging European Opportunities

new share class L

OMR Jupiter European

new share class L

OMR Jupiter European Special Situations

new share class L

OMR Jupiter Financial Opportunities

new share class L

OMR Jupiter Income Trust

new share class L

OMR Jupiter India

new share class L

OMR Jupiter Global Financial Innovation

new share class L

OMR Jupiter Merlin Balanced Portfolio

new share class L

OMR Jupiter Merlin Growth Portfolio

new share class L

OMR Jupiter Merlin Income Portfolio

new share class L

OMR Jupiter Merlin Worldwide Portfolio

new share class L

OMR Jupiter Strategic Bond

new share class L

OMR Jupiter UK Growth

new share class L

OMR Jupiter UK Special Situations

new share class L

OMR Artemis Capital

OMR Artemis SmartGARP UK Equity

OMR Artemis European Growth

OMR Artemis SmartGARP European Equity

OMR Artemis Global Growth

OMR Artemis SmartGARP Global Equity

OMR FP Argonaut European Alpha

New Fund Name: OMR VT Argonaut European Alpha

New Objective: To achieve returns (capital and income) in excess of the returns of the Investment Association (IA) Europe ex UK Sector over the long term (5 years) by investing in a concentrated portfolio of approximately 30-60 stocks.

OMR Fidelity European Opportunities

New fund name: OMR Fidelity Sustainable European Equity

New Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region) which maintain sustainable characteristics.

Old Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region).

OMR Professional Fidelity European Opportunities

New fund name: OMR Professional Fidelity Sustainable European Equity

New Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region) which maintain sustainable characteristics.

Old Objective: To increase the value of your investment over a period of 5 years or more by investing at least 70% in the shares of continental European companies (those domiciled, incorporated or having significant business in and those which are listed in continental Europe and those which are listed in the region).

OMR T.Bailey Growth

Old share class: Acc Z, New share class: Acc A

OMR T.Bailey Dynamic

Old share class: Acc Z, New share class: Acc A

OMR Threadneedle UK Absolute Alpha

OMR Quilter Investors High Yield Bond (Columbia Threadneedle)

Date fund closed to new business 11 January 2021
Deadline for investors to provide revised fund choice 1 February 2021
Date closure effective from 3 February 2021
Default fund: OMR JPM Global High Yield Bond fund

OMR Margetts Sentinel Defensive

share class change from R to A

OMR Margetts Sentinel Enterprise

share class change from R to A

OMR Margetts Sentinel

share class change from R to A

OMR EdenTree Amity European

OMR EdenTree Responsible & Sustainable European Equity

OMR EdenTree Amity International

OMR EdenTree Responsible & Sustainable Global Equity

OMR EdenTree Amity Sterling Bond

OMR EdenTree Responsible & Sustainable Sterling Bond

OMR EdenTree Amity UK

OMR EdenTree Responsible & Sustainable UK Equity

OMR EdenTree UK Equity Growth

OMR EdenTree Responsible & Sustainable UK Equity Opportunities

OMR Absolute Insight (AP)

Old TER: 1.53% New TER: 1.25%

OMR Invesco Global Focus (UK)

Old TER: 1.28 % , New TER: 1.09%

OMR Absolute Insight

Old TER: 1.38% New TER: 1.05%

OMR Garraway Wealth

OMR Garraway Wealth (Sterling)

OMR Liontrust UK Opportunities

Please note that OMR Liontrust UK Opportunities will change its name to OMR Liontrust UK Growth

OMR BMO MM Lifestyle 4

Old TER: 1.02% New TER: 1.015%

OMR BMO MM Lifestyle 5

Old TER: 1.04% New TER: 1.035%

OMR BMO MM Lifestyle 6

Old TER: 1.04% New TER: 1.035%

OMR BMO MM Lifestyle 7

Old TER: 1.1% New TER: 1.095%

OMR BMO MM Navigator Balanced

Old TER: 2.045% New TER: 2.040%

OMR BMO MM Navigator Boutiques

Old TER: 2.225% New TER: 2.2200%

OMR BMO MM Navigator Cautious

Old TER: 1.955% New TER: 1.950%

OMR BMO MM Navigator Distribution

Old TER: 1.825% New TER: 1.820%

OMR BMO MM Navigator Growth

Old TER: 2.075% New TER: 2.100%

OMR BMO Responsible UK Equity

Old TER: 1.335% New TER: 1.2262%

OMR BMO Responsible UK Income

Old TER: 1.285% New TER: 1.1762%

OMR BMO Select UK Equity

Old TER: 1.505% New TER: 1.3962%

OMR BlackRock Cash

Old AMC: 0.50%, New AMC: 0.35%

OMR Invesco European Opportunities (UK)

New Fund Name: OMR Invesco European Focus (UK)

OMR Premier Ethical

OMR Premier Miton Ethical

OMR Premier Income

OMR Premier Miton Income

OMR Premier Monthly Income

OMR Premier Miton Monthly Income

OMR Premier UK Growth

OMR Premier Miton UK Growth

OMR Premier Multi-Asset Conservative Growth

New fund name: OMR Premier Miton Multi-Asset Conservative Growth

New Objective: To provide capital growth over the long-term, being five years or more in all market conditions. Five years is also the minimum recommended period for holding shares in this Fund. This does not mean that the Fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The fund will invest in a globally diversified lower risk portfolio of investments covering different asset classes.

Old Objective: To achieve steady capital growth by investing principally in a portfolio of securities which, in the manager’s opinion, are lower risk securities and which will produce capital appreciation over the longer term.

OMR Premier Optimum Income

New fund name: OMR Premier Miton Optimum Income

New Objective: To provide a yield of 7% per annum together with the prospect of capital growth over the long term, being five years or more. Five years is also the minimum recommended period for holding shares in this Fund. This does not mean that the Fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The Investment Adviser aims to achieve the objective of the Fund by investing in an actively managed portfolio with a minimum of 80% of its assets in shares in companies listed in the UK.

Old Objective: To provide a high level of income together with the prospect of long-term capital growth from an actively managed portfolio of equities. The Fund has a target yield of 7% p.a., after fees, and it is intended that the target level will remain consistent over time. However, the target yield is not guaranteed

OMR Legg Mason IF Martin Currie Global Equity Income

New fund name: OMR Legg Mason IF Martin Currie Global Unconstrained

New Objective: To provide long-term (over five or more years) capital appreciation, through investment of at least 80% of the net asset value of the fund in a portfolio of global equity and equity related securities.

Old Objective: To achieve income, with the potential for capital growth over the long term (over five or more years), by investing in securities of companies listed globally.

OMR LF Miton Cautious Multi Asset

New Fund Name: OMR Premier Miton Cautious Multi Asset

New Objective:

To achieve capital growth over the long term, being five years or more by investing in equities (company shares), fixed income (including bonds issued by governments and companies), property (including Real Estate Investment Trusts), commodities, cash and cash like investments.

New TER:

1.11%

OMR LF Miton Defensive Multi Asset

New Fund Name: OMR Premier Miton Defensive Multi Asset

New Objective:

To achieve capital growth over the long term, being five years or more by investing in fixed income (including bonds issued by governments and companies), equities (company shares), property (including Real Estate Investment Trusts) commodities, cash and cash like investments.

OMR LF Miton Worldwide Opportunities

New Fund Name: OMR Premier Miton Worldwide Opportunities

New Objective:

To provide capital growth over the long-term, being five years or more by investing in a range of investment companies. These include but are not limited to; closed end investment companies, investment trusts and real estate investment trusts.

OMR Marlborough Commodity

OMW M&G Optimal Income

Old TER: 1.03% , New TER: 1.05%

OMW M&G Recovery

Old TER: 1.00% New TER: 1.02%

OMR Absolute Insight Equity Market Neutral

OMR Aberdeen UK Property Feeder Unit Trust

Dealing will recommence for the valuation point on 16 November 2020. We will accept online instructions from 2pm on 13 November 2020.

OMR Standard Life UK Real Estate Accumulation Feeder

Dealing will recommence for the valuation point on 16 November 2020. We will accept online instructions from 2pm on 13 November 2020.

OMW JPM Emerging Markets Invs Trust

Old share class: Inc Ord GBP 0.25, New share class: Inc Ord GBP 2.5P

OMW Prof JPM Emerging Markets Invs Trust

Old share class: Inc Ord GBP 0.25, New share class: Inc Ord GBP 2.5P

OMR Jupiter International Financials

New fund name: OMR Jupiter Global Financial Innovation

New objective: To provide capital growth over rolling 5-year periods by investing at least 70% in shares of companies linked to financial innovation based anywhere in the world.

Old Objective: To achieve long term capital growth principally through investment in equities and equity related securities of financial sector companies on an international basis, but with the power to invest in other asset types when the Manager considers it appropriate for market conditions.

OMR L&G UK Property Feeder

Please note: Dealing will recommence for the valuation point of Tuesday 13 October 2020. We will accept online instructions from 2pm on 12 October 2020.

OMR FP Premier Miton Income

Default Alternative Fund: OMR Premier Monthly Income

OMR Stewart Investors Asia Pacific Leaders

New Fund Name: OMR Stewart Investors Asia Pacific Leaders Sustainability

OMR Quilter Investors Generation CPI+ 4 Portfolio

Default Alternative Fund: OMR Quilter Investors Monthly Income & Growth Portfolio

OMR Quilter Investors Generation CPI+ 5 Portfolio

Default Alternative Fund: OMR Quilter Investors Monthly Income & Growth Portfolio

OMR Invesco UK Focus (UK)

Default Alternative Fund: OMR Invesco UK Growth (UK)

OMR Threadneedle UK Property Authorised Trust (Feeder)

Please note: Dealing will recommence for the valuation point of Thursday 17 September 2020.

OMR Invesco UK Growth (UK)

New Fund Name: OMR Invesco UK Opportunities (UK)

New Objective:

To achieve long-term (5 years plus) capital growth by investing at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in the UK.
The fund typically holds a concentrated portfolio of 35 – 45 stocks.

OMR Witan Pacific Investment Trust

New fund name: OMR Baillie Gifford China Growth Trust

New Objective:

To produce long term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies.

OMR Witan Pacific Investment Trust

New Fund Name: OMR Baillie Gifford China Growth Trust

New objective:

To produce long term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies.

OMR Quilter Investors Monthly Income + Growth Portfolio

OMR Kames Diversified Growth

New Fund Name: OMR Aegon Diversified Growth

OMR Kames Ethical Corporate Bond

New Fund Name: OMR Aegon Ethical Corporate Bond

OMR Kames Ethical Equity

New Fund Name: OMR Aegon Ethical Equity

OMR Kames High Yield Bond

New fund name: OMR Aegon High Yield Bond

OMR Kames Sterling Corporate Bond

New Fund Name: OMR Aegon Sterling Corporate Bond

OMR Kames Strategic Bond

New Fund Name: OMR Aegon Strategic Bond

OMR Kames UK Opportunities

New Fund Name: OMR Aegon UK Opportunities

OMR VT Garraway Multi Asset Dynamic

Default Alternative Fund: OMR VT Garraway Multi Asset Growth

OMR VT Garraway Multi Asset Growth

OMR Invesco UK Strategic Income (UK)

Default Alternative Fund: OMR Invesco Income (UK)

Please note that OMR Invesco Income (UK) will change it’s name to OMR Invesco UK Equity Income (UK) on 30 July 2020.

OMR Invesco High Income (UK)

New Fund Name: OMR Invesco UK Equity High Income (UK)

New Objective:
To achieve a high level of income (greater than the income return of an average of share prices of all companies on the London Stock Exchange over a rolling 5 year period) and capital growth over the long term (5 years plus).

OMR Invesco UK Income (UK)

New Fund Name: OMR Invesco UK Equity Income (UK)

New Objective:
Aims to achieve income and capital growth over the long term (5 years plus). The fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in the UK.

OMR F&C Investment Trust

New Fund Name: OMR F&C Investment Trust PLC Ord Shares

OMR Prof F&C Investment Trust

New Fund Name: OMR Prof F&C Investment Trust PLC Ord Shares

OMR Quilter Investors UK Equity Growth (BNY Mellon)

New Fund Name: OMR Quilter Investors UK Equity Growth (BlackRock)

OMR Allianz Gilt Yield

Default alternative fund:

OMR Allianz Gilt Yield (I)

OMR Janus Henderson Global Technology

New Fund Name: OMR Janus Henderson Global Technology Leaders

OMR Allianz Gilt Yield

Lazard UK Smaller Companies

Old objective:

To achieve capital growth, over at least 5 years, net of fees at a rate greater than that of the Numis Smaller Companies Index.

New objective:

To achieve capital growth, over a rolling 5 year period, net of fees at a rate greater than that of the Numis Smaller Companies ex Investment Companies Index.

Property Fund suspensions (various)

The global outbreak of coronavirus is impacting property funds. From 16 March 2020 a number of funds have been suspended by the fund management groups.

Find out more

Woodford Equity Income fund

Link Fund Solutions, the Authorised Corporate Director (ACD) of the suspended Woodford Equity Income fund, have informed us that the fund will be wound up on 17 January 2020 and that Woodford Investment Management will cease to be the investment manager with immediate effect.

Link Fund Solutions concluded that it was unlikely that the sale of unlisted and less liquid assets would be completed ahead of a planned re-opening in December and therefore an orderly wind up would be in the best interest of all investors

Update 27/03/20 – Second payment

Following the first capital income payment (75.55%) from the fund in late January, we have received the second capital payment from the investment manager, Link Fund Solutions Limited (LFS), and have allocated it to investors, in line with their holdings in the suspended fund. Note that this second payment is much smaller than the first, being equivalent to 19.9% of the Fund’s remaining value as at 10 March 2020. We will be writing to you shorlty.

Why was the fund suspended originally?

The fund was suspended on the 3 June 2019 due to an increased level of withdrawals from the fund by investors. The suspension was intended to protect investors who wish to remain in the fund by allowing Woodford time to reposition the element of the fund’s portfolio invested in unquoted and less liquid stocks and shares, in to more liquid investments that would be easier to trade.

What does it mean for investors?

The winding up will commence on 17 January 2020 and means that you are still unable to put any money into, or send us new requests to take money out of, the fund.

Link is planning to return cash to you at the earliest opportunity, and has appointed BlackRock Advisors (UK) Limited and specialist broker Park Hill to help sell the assets. The first payment to you is anticipated by the end of January 2020. As the fund is now closed, the money will be returned to you in instalments as the assets are sold off.

What happens next?

We are in communication with Link Fund Solutions and we will communicate further with you once we have further information from them explaining in more detail what the wind up will mean for your investments.

M&G Feeder of Property Portfolio

Dealing in the M&G Feeder of Property Portfolio Fund has been suspended with effect from 4 December 2019.

What has happened and why?

In recent months, continued political uncertainty and ongoing structural shifts in the UK retail sector have prompted unusually high outflows from M&G’s retail property fund. Given that these circumstances and deteriorating market conditions have significantly impacted the manager’s ability to sell commercial property, the manager has temporarily suspended dealing in the M&G Property Portfolio in the interests of protecting customers who are invested in these funds.

The suspension will allow the manager to raise cash levels and preserve value for investors by selling assets in a controlled manner.

What does it mean for investors?

At the moment, the suspended fund will still be priced each day, and the value of your units in the M&G fund will be included in the overall value of your investments you will see online and in statements. As it is not possible to buy or sell units in a suspended fund, you will be unable to top-up (either via regular direct debit or on an adhoc basis), switch into or out of the fund or make new withdrawals out of the fund.

In recognition of customers’ temporary inability to access their investment, M&G is waiving 30% of its annual charge, which will end when the funds resume dealing.

What happens next?

The fund suspension will remain in place until we are notified that the suspension instruction has been lifted. Based on the information we have received so far, the suspension could be in place for a number of months.

EF FACET Balanced Discretionary Portfolio & EF FACET Cautious Discretionary Portfolio

Please note: Direct Debits will no longer be accepted and will be redirected to OMR Deposit. Phased investment and rebalancing will be cancelled.

Merian China Equity and Aberdeen Standard SICAV I Chinese Equity

Please note: Dealing will recommence for the valuation point of Tuesday 8 October 2019.