| Change Details | |
|---|---|
| Title | L&G Future World Sustainable UK Equity Focus |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 21 February 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Legal & General (Unit Trust Managers) Limited |
| Fund Name | L&G Future World Sustainable UK Equity Focus |
| Type of change | Fund Merger |
| Date merger effective from | 2102/2025 |
| Date fund suspended | 20/02/2025 |
| Deadline for investors to switch out if appropriate | 11:00 on 20/02/2025 |
| Is the event subject to shareholder approval? | Yes - approved |
| 2. Fund details | |
| Current Fund | New Fund |
| L&G Future World Sustainable UK Equity Focus | L&G Future World UK 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 provide growth in excess of the FTSE All Share TR Net Index, (the “Benchmark Index”). The fund aims to outperform the Benchmark Index over rolling three year periods after the deduction of all fees and expenses. The fund is actively managed and seeks to achieve this objective by investing at least 90% in units of companies that the Investment Manager considers to offer sustainable investment opportunities through their contribution towards the United Nations Sustainable Development Goals (“UN SDGs”), have strong growth prospects and are incorporated, headquartered or have their principal business activities in the UK. The Investment Manager conducts stock-specific analysis, both prior to making an investment and on an on-going basis to assess a company’s contribution to the UN SDGs and environmental, social and governance (“ESG”) profile. |
| New objective | To provide growth in excess of the FTSE All Share TR Net Index, (the “Benchmark Index”). The fund aims to outperform the Benchmark Index over rolling three year periods after the deduction of all fees and expenses. The fund is actively managed and seeks to achieve this objective by investing at least 90% in shares of companies that the Investment Manager considers to contribute towards the UN SDGs have strong growth prospects and are incorporated, headquartered or have their principal business activities in the UK. The Investment Manager conducts stock-specific analysis, both prior to making an investment and on an on-going basis to assess a company’s contribution to the UN SDGs and environmental, social and governance (“ESG”) profile. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.43% |
| New AMC | 1.37% |
| Previous TER | 1.43% |
| New TER | 1.37% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.00% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.70% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.00% |
| Unbundled Fund | |
| Previous AMC | 0.78% |
| New AMC | 0.78% |
| Previous TER | 0.78% |
| New TER | 0.78% |