| Change Details | |
|---|---|
| Title | Henderson Opportunities Trust Plc |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 14 March 2025 |
| 1. Asset details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Asset Group | Janus Henderson |
| Asset Name | Henderson Opportunities Trust Plc |
| Type of change | Merger |
| Date merger effective from | 14 March 2025 |
| Date asset closed to new business | 5 February 2025 |
| Date asset suspended | 19 February 2025 |
| Deadline for investors to switch out if appropriate | 2:00pm on 19 February 2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Asset details | |
| Current Asset | New Asset |
| Henderson Opportunities Trust Plc (Investment Trust) | Janus Henderson UK Equity Income & Growth (OEIC) |
| 3. Merger details | |
| Will the phasing option automatically continue? | Yes |
| Will the rebalancing option automatically continue? | Yes |
| Will ongoing direct debit payments automatically be redirected into the new asset? | Yes |
| 4. Investment objectives | |
| Previous objective | Aims to achieve capital growth in excess of the FTSE All-Share Index from a portfolio of primarily UK investments. The Company pursues that objective by operating as an investment trust company. The strategy is to invest in a concentrated portfolio of shares on an unconstrained basis across the whole range of market capitalisations. The portfolio is a diverse mix of companies. These companies will operate in a wide range of industries and have varied risk profiles. At the high end will be recovery and special situations. These will be blended with companies that have long term secure franchises. They will encompass new and emerging activities as well as well-established ones. Company will borrow money for investment purposes. This is limited by the Board to a maximum of 25% of the Company’s net assets. |
| New objective | To provide a dividend income, with the prospects for both income and capital growth over the long term (5 years or more). The fund invests at least 80 per cent of its assets in shares (also known as equities) of companies, in any industry, in the UK. Companies will be incorporated, headquartered, or deriving significant revenue from the UK. The fund will typically have a bias towards small and medium-sized companies. The fund may also invest in other assets including other shares, bonds of any quality from any issuer, cash and money market instruments. |