| Change Details | |
|---|---|
| Title | IFSL Marlborough US Multi-Cap Income |
| Type | Name Changes |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 07 August 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Investment Fund Services Limited (IFSL) |
| Fund Name | IFSL Marlborough US Multi-Cap Income |
| Type of change | Name & Objective Change |
| Date change effective from | 07/08/2024 |
| Is the event subject to shareholder approval? | Yes - Approved |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| IFSL Marlborough US Multi-Cap Income | IFSL Marlborough US Focus |
| 3. Investment objectives | |
| Previous objective | To provide income, that is, money paid out of an investment such as dividends from shares, with the potential for some increase in the value of an investment, over a minimum of 5 years. At least 80% of the fund will be invested in the shares of companies which are listed on stock markets or domiciled in the United States of America. The fund is actively managed, which means the investment manager decides which investments to buy or sell and when. Whilst the Investment Manager may invest in small, medium and large companies, in order to meet the income objective, there will typically be a bias towards larger companies. |
| New objective | To provide capital growth, that is, to increase the value of your investment, and income, which is money paid out from your investment, such as dividends from shares and interest from bonds, over a minimum of 5 years, however there is no certainty this will be achieved. The fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. At least 80% of the fund will be invested in the shares of companies which are listed on US stock exchanges. These are companies incorporated/domiciled in the US or that have significant business operations in the US. Whilst the fund can invest in small, medium and large companies, there will typically be a bias towards larger companies. The fund invests in a focused manner, which means the fund will typically hold a concentrated portfolio of between 25 and 45 companies. |