| Change Details | |
|---|---|
| Title | TM Natixis Mirova Global Sustainable Equity |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 29 November 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Thesis Unit Trust Management Limited |
| Fund Name | TM Natixis Mirova Global Sustainable Equity |
| Type of change | Merger |
| Date merger effective from | 29/11/2024 |
| Date fund suspended | 28/11/2024 |
| Deadline for investors to switch out if appropriate | 11:00 28/11/2024 |
| Was the event subject to shareholder approval? | Yes - Approved 20/11/2024 |
| 2. Fund details | |
| Current Fund | New Fund |
| TM Natixis Mirova Global Sustainable Equity | Mirova Global Sustainable 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 grow your investment over the long term (at least 5 years) and aims to contribute positively to the achievement of one or more of the UN Sustainable Development Goals (the “Goals”) by investing at least two thirds of its portfolio (excluding money market instruments and cash) in companies which are contributing positively to achieving one or more of the Goals through developing products or services to respond to key sustainable issues or Themes. At times there may be considerably more of the portfolio invested in such companies. The fund can also invest up to a third of the portfolio in companies which have a low or no impact on one of more of the Goals. The Investment Manager may invest in such companies where they offer stable financial returns to help the fund meet its financial objectives without detracting from the achievement of the Goals. |
| New objective | To provide long-term capital growth by investing in global equities securities through an investment process that fully integrates sustainability considerations by investing at least 80% of its net assets in equity securities of companies globally and seeks to invest in companies with exposure to economic tailwinds from the long-term transitions affecting the global economy over the next decade or longer (major demographic, technology, environmental and governance transitions). The fund also implements a sustainable investment approach by seeking to invest in companies that contribute to the achievement of United Nations’ Sustainable Development Goals through their products, services and/or practices. |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.50% |
| New AMC | 0.55% |
| Previous TER | 0.65% |
| New TER | 0.66% |