| Change Details | |
|---|---|
| Title | Investment Fund Services Limited (IFSL) |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 05 March 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Investment Fund Services Limited (IFSL) |
| Fund Name | IFSL Titan Equity Growth |
| Type of change | Fund Merger |
| Date merger effective from | 05/03/2025 |
| Date fund suspended | 04/03/2025 |
| Deadline for investors to switch out if appropriate | 11:00 am on 04/03/2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| IFSL Titan Equity Growth | IFSL Titan Global Equity |
| 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 fund? | Yes |
| 4. Investment objectives | |
| Previous objective | To increase in value, over a minimum of 5 years, through a combination of capital growth and income by investing at least 80% of the fund in a range of global shares of companies across both developed and emerging markets, with no minimum or maximum exposure to any geographic region. This may include exposure through holdings in investment trusts, funds and ETFs/ETCs, although this will not exceed 10% of the fund. Up to 20% of the fund may have exposure to different asset classes including real assets, for example property and commodities (e.g. gold and oil), government and corporate bonds (both investment grade and sub-investment grade) and money market funds. Any exposure to real assets will only be through investment trusts, funds and ETFs/ETCs. |
| New objective | To increase in value, over a minimum of 5 years, through a combination of capital growth and income by investing at least 80% of the fund in a range of global shares of companies across both developed and emerging markets, with no minimum or maximum exposure to any geographic region. This may include exposure through holdings in investment trusts, funds and ETFs/ETCs, although this will not exceed 10% of the fund. Up to 20% of the fund may have exposure to different asset classes including real assets, for example property and commodities (e.g. gold and oil), government and corporate bonds (both investment grade and sub-investment grade) and money market funds. Any exposure to real assets will only be through investment trusts, funds and ETFs/ETCs. |
| 5. Charging structure | |
| Unbundled Fund -U | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | 0.79% |
| New TER | 0.79% |
| Unbundled Fund -U3 | |
| Previous AMC | 0.50% |
| New AMC | 0.50% |
| Previous TER | 0.54% |
| New TER | 0.54% |