| Change Details | |
|---|---|
| Title | Waystone Management (UK) Limited (Troy) |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 13 December 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Waystone Management (UK) Limited (Troy) |
| Fund Name | Trojan Global Equity |
| Type of change | Merger |
| Date merger effective from | 13/12/2024 |
| Date fund suspended | 12/12/2024 |
| Deadline for investors to switch out if appropriate | 11:00 am on 12/12/2024 |
| Is the event subject to shareholder approval? | Yes - approved |
| 2. Fund details | |
| Current Fund | New Fund |
| Trojan Global Equity | Trojan Global Equity (Ireland) |
| 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 seek to achieve capital growth over the long term (at least 5 years) by investing globally and at least 80% of its assets in equities and equity-related securities (being instruments whose return is determined by the performance of a single underlying equity or a basket of equities). It may also invest in government and public securities (such as sovereign debt and treasury bills), money-market instruments, cash, cash equivalents and deposits. |
| New objective | To seek to achieve capital growth over the long term (at least 5 years) by investing at least 80% of its Net Asset Value in global equities (including closed ended investment funds listed or traded on a Recognised Exchange and which fulfil the criteria for transferable securities and eligible assets under the UCITS Regulations) and equity related securities (being instruments the investment performance of which (i.e. gain or loss) is determined by the performance of a single, underlying equity security or basket of equity securities such as depository receipts, warrants and preference shares). There is no economic focus or industry focus to the fund. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.35% |
| New AMC | 0.80% |
| Previous TER | 1.41% |
| New TER | 0.86% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.35% |
| New Reimbursed Amount(Charge Basis 2) | 0.00% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.60% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.05% |
| Unbundled Fund | |
| Previous AMC | 0.85% |
| New AMC | 0.80% |
| Previous TER | 0.91% |
| New TER | 0.86% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.10% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.05% |