Significant fund changes

Effective 12 December 2024, changes will be made to the investment policies of CT (Lux) Asia Equities and CT (Lux) Asian Equity Income to broaden the permitted regional exposure, beyond Asia, to include investment in companies in the wider Asia Pacific region or which have significant Asia Pacific business operations (excluding Japan).

Further information can be found here.

Effective 12 December 2024, the fund name will change to “CT (Lux) Pan European Focus” and the investment objective and policy will be amended.

While the fund will continue to invest in the shares of companies domiciled in Europe (including the UK), following the changes it will seek to achieve capital appreciation rather than income, through investment in a concentrated portfolio of equity securities.

The fund will also promote environmental and social characteristics by integrating a range of responsible investment measures into the investment decision-making process. The changes will result in the fund being categorised as Article 8 under SFDR.

Further information can be found here.

Funds in scope for the change(s):

• CT (Lux) Responsible Euro Corporate Bond Fund
• CT (Lux) Responsible Global Emerging Markets Equity Fund
• CT (Lux) Responsible Global Equity Fund
• CT (Lux) SDG Engagement Global Equity
• CT (Lux) Sustainable Global Equity Enhanced Income Fund
• CT (Lux) Sustainable Multi-Asset Income Fund
• CT (Lux) Sustainable Opportunities European Equity Fund

Click here to learn more.

And for further information, please refer to the below documents.

CT (Lux) SDG Engagement Global Equity Fund - Investment Policy

CT (Lux) Sustainable Global Equity Enhanced Income Fund - Investment Policy

CT (Lux) Sustainable Multi-Asset Income Fund - Investment Policy

CT (Lux) Sustainable Opportunities European Equity Fund - Investment Policy

Responsible Investment Strategies - Summary Criteria

Fund(s) in scope for the changes:

• CT (Lux) Responsible Euro Corporate Bond Fund

Click here to learn more.

And for further information, please consult the below document:
Responsible Investment Strategies - Summary Criteria

The Board of Columbia Threadneedle (Lux) I has decided to introduce the possibility to (fully or partially) delegate investment management functions to certain entities of the Group without prior amendment of the Prospectus or notification to shareholders. Further information can be found here.

Effective 2 September 2024, changes will be made to the investment management arrangements applicable to the following Columbia Threadneedle (Lux) I SICAV funds:

1. CT (Lux) American Extended Alpha
2. CT (Lux) American Select
3. CT (Lux) American Smaller Companies

Further information can be found here.

Effective 2 September 2024, changes will be made to the Prospectus definition of “European smaller companies” which applies to the following Columbia Threadneedle (Lux) I SICAV funds:

1. CT (Lux) European Smaller Companies
2. CT (Lux) Pan European Smaller Companies
3. CT (Lux) Pan European Small Cap Opportunities

Further information can be found here.

Effective 2 September 2024, changes will be made to the investment policies and SFDR RTS Annexes (pre-contractual disclosures) of the following Columbia Threadneedle (Lux) I SICAV funds:

1. CT (Lux) American
2. CT (Lux) American Select
3. CT (Lux) American Smaller Companies
4. CT (Lux) Asia Equities
5. CT (Lux) European Corporate Bond
6. CT (Lux) European High Yield Bond
7. CT (Lux) European Select
8. CT (Lux) Global Corporate Bond
9. CT (Lux) Global Equity Income
10. CT (Lux) Global Focus
11. CT (Lux) Global Select
12. CT (Lux) Japan Equities
13. CT (Lux) Pan European ESG Equities
14. CT (Lux) UK Equities
15. CT (Lux) US Contrarian Core Equities
16. CT (Lux) European Smaller Companies
17. CT (Lux) Pan European Smaller Companies
18. CT (Lux) Pan European Small Cap Opportunities
19. CT (Lux) Global Smaller Companies

These funds already promote environmental and social characteristics by integrating a range of responsible investment measures into the investment decision-making process, as well as ensuring that the companies in which the funds invest follow good governance practices.

From the Effective Date, the investment manager responsible for the management of the funds will increase the minimum proportion that each fund commits to holding sustainable investments, as further detailed in the SFDR RTS Annexes. For some of the funds, this will be the first time such a commitment is being made. The funds will continue to be categorised as Article 8 under SFDR.

For CT (Lux) Global Smaller Companies, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which will now include this fund.

Further information can be found in the below. Please refer to the numbered fund list above for the corresponding letter.

Shareholder Letter (Funds 1-15)

Shareholder Letter (Funds 16-18)

Shareholder Letter (Fund 19)

The following funds* (all sub-funds of Columbia Threadneedle (Lux) III) will be closed on 12/06/2024:

- CT (Lux) European Smaller Cap - Shareholder Notice
- CT (Lux) Global Smaller Cap Equity - Shareholder Notice
- CT (Lux) US Smaller Companies - Shareholder Notice

*these three Funds are not to be confused with CT (Lux) Global Smaller Companies, CT (Lux) European Smaller Companies and CT (Lux) American Smaller Companies Funds, which are unimpacted by this announcement.

The following funds (all sub-funds of Columbia Threadneedle Specialist Funds (UK) ICVC) will be closed on 26/01/2024:

CT American Extended Alpha Fund

CT China Opportunities Fund

CT UK Extended Alpha Fund

Please see the Shareholder Notification and Q&A for further details.

CT American Extended Alpha Fund - Shareholder notice of closure

CT China Opportunities Fund - Shareholder notice of closure

CT UK Extended Alpha Fund - Shareholder notice of closure

Adviser notice of closure

Q&A notice of closure

Effective 29 December, the benchmark on the CT (Lux) SDG Engagement Global Equity Fund will change from the MSCI ACWI SMID Cap Index to the MSCI ACWI Mid Cap Index.

Further information can be found here.

The Board of Columbia Threadneedle (Lux) III has decided to introduce the possibility to (fully or partially) delegate investment management functions to certain entities of the Group without prior amendment of the Prospectus or notification to shareholders. Further information can be found here.

Effective 20 November, changes will be made to the investment policies and SFDR RTS Annexes (pre-contractual disclosures) of the following Threadneedle (Lux) and Columbia Threadneedle (Lux) sub-funds:

1. Threadneedle (Lux) Asia Equities
2. Threadneedle (Lux) European Select
3. Threadneedle (Lux) European Smaller Companies
4. Threadneedle (Lux) Global Equity Income
5. Threadneedle (Lux) Global Focus
6. Threadneedle (Lux) Global Select
7. Threadneedle (Lux) Pan European Smaller Companies
8. Threadneedle (Lux) European High Yield Bond
9. Threadneedle (Lux) American Smaller Companies
10. Threadneedle (Lux) Global Smaller Companies
11. Threadneedle (Lux) American
12. Threadneedle (Lux) American Select
13. Threadneedle (Lux) Pan European Small Cap Opportunities
14. Threadneedle (Lux) UK Equities
15. Threadneedle (Lux) European Corporate Bond
16. Threadneedle (Lux) Global Corporate Bond
17. Threadneedle (Lux) US Contrarian Core Equities
18. Threadneedle (Lux) Global Emerging Market Equities
19. Threadneedle (Lux) Pan European ESG Equities
20. Threadneedle (Lux) European Social Bond
21. Columbia Threadneedle (Lux) Sustainable Outcomes Global Equity

For Funds 1-10 (as numbered above), the investment policies and SFDR RTS Annexes will be amended to introduce additional measures that support the promotion of environmental and social characteristics. The Funds will continue to be categorised as Article 8 under SFDR. For Funds 1-8, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.

For Funds 11-18 (as numbered above), the investment policies will be amended and new SFDR RTS Annexes included to introduce the promotion of environmental and social characteristics. The changes will result in the Funds being categorised as Article 8 under SFDR. For Funds 11-16, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.

For Threadneedle (Lux) Pan European ESG Equities, the investment policy and SFDR RTS Annex will be amended to provide additional clarity and information on the various responsible investment measures that are embedded into the existing investment decision-making process and to introduce additional measures that support the promotion of environmental and social characteristics. The Fund will continue to be categorised as Article 8 under SFDR. Additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes this Fund.

For Threadneedle (Lux) European Social Bond and Columbia Threadneedle (Lux) Sustainable Outcomes Global Equity, the investment policies and SFDR RTS Annexes will be amended to allow the Funds to be re-categorised from Article 8 to Article 9 under SFDR. Additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.

Further information can be found in the below. Please refer to the numbered fund list above for the corresponding letter.

Shareholder Letter (Funds 1-8)

Shareholder Letter (Funds 9-10)

Shareholder Letter (Funds 11-16)

Shareholder Letter (Funds 17-18)

Shareholder Letter (Fund 19)

Shareholder Letter (Fund 20)

Shareholder Letter (Fund 21)

Update

The proposals to change two of our SICAV company umbrella names, as well as their underlying fund names, were passed at Extraordinary General Meetings held on 27th September. These name changes will take effect on 20th November 2023.

In 2021 Columbia Threadneedle Investments acquired BMO’s asset management business in EMEA (Europe, Middle East and Africa), resulting in the renaming of various funds and entities within the combined business to reflect a unified Columbia Threadneedle Investments brand in July 2022. A reminder of the changes to the names of our UK-domiciled funds can be seen here.

Renaming the Companies

Consistent with these changes, the Boards of Columbia Threadneedle (Lux) and Threadneedle (Lux) propose to amend and restate the Companies’ articles of incorporation (the “Articles”) to change the names of the two Companies as follows:

Renaming the sub funds

In addition to renaming the Companies, the Boards propose to change the name of the underlying funds in these umbrellas by replacing the pre-fix “Columbia Threadneedle (Lux)” with “CT(Lux)” and by replacing the pre-fix “Threadneedle (Lux)” with “CT (Lux)”, with effect from 20 November 2023, as described in Appendix 1 of the letters below. This will better align the fund names with the Columbia Threadneedle Investments brand. The renaming of the funds will not affect the way in which they are managed or their investment objectives and policies.

A draft of the restated Articles showing the relevant changes is available to shareholders free of charge at the Company’s registered office.

CT(Lux) – EGM Notice

T(Lux) – EGM Notice

Please follow this link to see all the proposed changes.

Effective 18 October, the benchmark on the Threadneedle (Lux) Global Technology sub-fund will change from the MSCI World Information Technology Index to the MSCI World Information Technology 10/40 Index.

Further information can be found below.

Shareholder Notice

From 2 October 2023, changes will be made to the investment policies of the following funds:

1. CT American Smaller Companies Fund (US)
2. CT Asia Fund
3. CT Global Emerging Markets Equity Fund
4. CT American Fund
5. CT American Select Fund
6. CT European Select
7. CT European Smaller Companies Fund
8. CT Global Equity Income Fund
9. CT Global Focus Fund
10. CT Global Select Fund
11. CT UK Fund
12. CT UK Sustainable Equity Fund

In summary, the investment policies of these funds will be amended to integrate certain RI measures into the decision-making process and/or highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI).

Further information can be found below:

Investment Policy Changes: ESG-related (Funds 1-3) – Adviser Letter

Investment Policy Changes: ESG-related (Funds 1-3) – Shareholder Letter

Investment Policy Changes: ESG-related and NZAMI (Funds 4-11) – Adviser Letter

Investment Policy Changes: ESG-related and NZAMI (Funds 4-11) – Shareholder Letter

Investment Policy Changes: NZAMI (CT UK Sustainable Equity Fund) – Adviser Letter

Investment Policy Changes: NZAMI (CT UK Sustainable Equity Fund) – Shareholder Letter

ESG and Net Zero Investment Policy Changes

Q&A

The CT Responsible China A-Share Equity Fund (sub-fund of Columbia Threadneedle (Irl) II PLC) closed on 19/10/2022

Notice of closure

The CT European Real Estate Securities Fund (sub-fund of Columbia Threadneedle (Irl) III PLC) changed its bench from FTSE EPRA NAREIT Developed Europe Capped Index to FTSE EPRA Nareit Developed Europe UCITS Capped Net Tax Index

The CT Enhanced Income Euro Equity Fund (sub-fund of Columbia Threadneedle (Irl) III PLC) closed on 06/09/2022

Notice of closure

In July 2022, we are changing the names of our UK fund umbrella companies and their sub-funds to align them more closely with our global brand name, Columbia Threadneedle Investments.

Read more

Following the UK’s departure from the European Union (EU), our UK domiciled funds are no longer marketed in EU countries. As a result, Columbia Threadneedle Investments will no longer provide translations into EU languages of fund documents and marketing materials for sub-funds of Threadneedle Investment Funds ICVC and Threadneedle Specialist Investment funds ICVC (the “Funds”) and they will be withdrawn from our EU websites. These documents include Key Investor Information Documents (KIIDs), factsheets and prospectuses. The changes are effective from 4 July 2022.

View Q&A

Columbia Threadneedle Investments is proposing to merge the Threadneedle UK Select Fund into the Threadneedle UK Fund. Both are sub-funds of Threadneedle Investment Funds ICVC, an open-ended investment company (OEIC), managed by us. All shareholders in this fund will have the opportunity to vote on the proposed merger. Please see the below documents for further details.

Investor letter

Q&A

Shareholder circular

KIID

As the UK has now left the European Union, UK funds managed by a UK manager will no longer qualify as UCITS funds under this framework. UK-based funds do however continue to follow all of the same rules as UCITS funds. We have put together a Q&A document to help you with this transition affecting OEIC funds from the 1 January 2021.

Q&A

Effective from 1 January 2020, we have discontinued charging performance fees on the following funds (“the Funds”):

• Threadneedle UK Absolute Alpha Fund
• Threadneedle American Extended Alpha Fund
• Threadneedle Global Extended Alpha Fund
• Threadneedle UK Extended Alpha Fund
• Threadneedle (Lux) American Extended Alpha
• Threadneedle (Lux) Global Extended Alpha

Q&A

We have recently reviewed the information available to investors about our UK-based OEIC (open-ended investment company) funds and, as a result, we’re updating a number of our fund investment objectives and policies. This will provide investors with additional information regarding our investment approach. These updates will take effect from 7 August 2019.

Investor letter

Q&A

From 31 August 2019, we are making changes to the name and investment objective and policy of the Threadneedle UK Corporate Bond Fund. The changes include:

• Changing its name to Threadneedle Sterling Corporate Bond Fund
• Broadening and clarifying the wording used to describe the investment objective and policy

Corporate Letter

Q&A

We are closing the Threadneedle Absolute Return Bond Fund on the 26 July 2019.

The Fund is being closed due to its relatively small size. The Fund’s assets have fallen to a level which makes it economically unviable to manage. We believe the closure is in the best interests of investors. To this end, we will be closing the fund on the 26 July 2019 (the Effective Date) and dealing in the Fund will be suspended from 12.01pm on 23 July 2019.

Please see the Shareholder Notification and Q&A for further details.

Corporate Letter

Q&A

We would like to inform you that due to a ten-day ‘Golden Week’ holiday period in Japan this year, non-dealing days will be declared on the Threadneedle Japan Fund from Friday 26 April until Monday 6 May 2019 inclusive. This means that investors will be unable to buy, sell, or switch shares in the Fund during this period until it reopens for dealing on Tuesday 7 May 2019. Further information can be found below.

Corporate Letter

From the 21 May 2019, we are making changes to the TIF Asia Fund, TSIF China Opportunities Fund and TSIF Global Emerging Markets Equity Fund.

The Funds are currently managed by Threadneedle Asset Management Limited (TAML), the investment manager of the Funds. The changes are as follows:

• Threadneedle Asia Fund and Threadneedle China Opportunities Fund (co-management) TAML will delegate some of its investment decisions to Threadneedle Investments Singapore (Pte.) Limited (TIS) for the Threadneedle Asia Fund and Threadneedle China Opportunities Fund. This will allow both co-managers and deputy managers from the Singapore office for these funds working in collaboration with TAML appointed fund managers.
• Threadneedle Global Emerging Markets Equity Fund Columbia Management Investment Advisers, LLC (CMIA) will become the investment manager for the Threadneedle Global Emerging Markets Equity Fund. TAML will no longer be the investment manager but will continue to provide investment advice and recommendations in relation to the Fund. This change will allow both lead and deputy managers from the US offices for this Fund.

Adviser Letter

Q&A

We are providing an update on our Brexit preparations and the continuity of investment management services following the UK’s departure from the European Union.

When the UK leaves the EU, we expect that OEIC funds will lose their UCITS² status. As far as we are aware there is currently nothing prohibiting EU and non-UK investors from remaining in an OEIC fund.

While uncertainty remains regarding the UK’s departure from the EU, Columbia Threadneedle Investments has a comprehensive contingency planning programme in place to prepare for any potential impacts.

Investor letter

¹ OEIC stands for open-ended investment company.
²UCITS stands for Undertakings for Collective Investment in Transferable Securities. UCITS provides a harmonised regulatory regime for the management and sale of mutual funds within the European Union.

From the 15 April 2019, we are making changes to the investment objective and policy of the Threadneedle American Select Fund. The new wording will make clear that at least 75% of the Fund will be invested in companies based specifically in the United States (US), or with significant US business operations. At the same time, the management team will be able to invest up to 25% of the Fund in companies outside the US.

Investor letter

Q&A

We recently informed you that we will transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Please note these changes do not impact GBP share classes.

• American Extended Alpha Fund
• Asia Fund
• Global Extended Alpha Fund
• Global Select Fund
• UK Absolute Alpha Fund

We are pleased to confirm that the transfers have now been successfully completed. Further information can be found below.

Investor letter

Q&A

We recently informed you of our proposal to transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Following the shareholder vote at the extraordinary general meetings held on 12 December 2018, we can confirm that the proposed transfers have now been approved.

• American Extended Alpha Fund
• Asia Fund
• Global Extended Alpha Fund
• Global Select Fund
• UK Absolute Alpha Fund

We are pleased to confirm that the transfers have now been successfully completed. Further information can be found below.

Investor Letter

Q&A

We recently informed you that we will transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Please note these changes do not impact GBP share classes.

• American Smaller Companies Fund (US)
• European Smaller Companies Fund
• Global Emerging Markets Equity Fund
• Global Equity Income Fund

We are pleased to confirm that the transfers have now been successfully completed. Further information can be found below.

Investor letter

Q&A

We recently informed you that we will transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Please note these changes do not impact GBP share classes.

• American Fund
• American Select Fund
• European Select Fund
• UK Equity Income Fund
• UK Fund

We are pleased to confirm that the transfers have now been successfully completed. Further information can be found below.

Investor letter

Q&A

We have written to investors about a proposed change to the following funds.

• American Extended Alpha Fund
• Asia Fund
• Global Extended Alpha Fund
• Global Select Fund
• UK Absolute Alpha Fund

We are planning to transfer the assets of investors in certain share classes of each fund listed above into an equivalent share class within our established Luxembourg fund range. The transfers will be made by a process called a scheme of arrangement.

Find out more

We recently informed you of our proposal to transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range.

• American Smaller Companies Fund (US)
• European Smaller Companies Fund
• Global Emerging Markets Equity Fund
• Global Equity Income Fund

Following the shareholder vote at the extraordinary general meetings, the results of the vote are detailed in the investor letter below.

Investor Letter

Q&A

We recently informed you that we will transfer the assets of the Threadneedle Credit Opportunities Fund into Threadneedle (Lux) - Credit Opportunities, an equivalent fund within our established Luxembourg fund range. We are pleased to confirm that the transfer was successfully completed on 20 October 2018. Further information can be found below.

Investor Letter

Q&A

We recently informed you of our proposal to transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Following the shareholder vote at the extraordinary general meetings held on 10 October 2018, we can confirm that the proposed transfers have now been approved.

• American Fund
• American Select Fund
• European Select Fund
• UK Equity Income Fund
• UK Fund

We will be communicating with all impacted clients and outlining the options available to them ahead of the merger date.

Investor Letter

Q&A

We recently informed you that we will transfer the assets of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range (the "Lux Funds"). We are pleased to confirm that the transfers have now been successfully completed.

• European Corporate Bond Fund
• European High Yield Bond Fund
• Pan European Fund
• Pan European Smaller Companies Fund
• Pan European Equity Dividend Fund

Further information can be found below.

Investor letter

Q&A 

Due to procedural issues with the delivery of the Shareholder Circular dated 17 September 2018 to some shareholders, we understand that these investors may not have had sufficient time to consider the proposal and return their proxy. On that basis, we have decided to adjourn the relevant Extraordinary General Meetings (EGMs) for seven days to provide additional time for shareholders to return their proxies. We therefore confirm that the EGMs will be adjourned until 24 October for the following share classes:

• For Class 2 Accumulation EUR Shares of the European Smaller Companies Fund - 12:40 Luxembourg time (11:40 UK time)
• For Class 1 Accumulation USD Shares of the Global Equity Income Fund - 12:50 Luxembourg time (11:50 UK time)

We have written to investors about a proposed change to the following funds.

• American Smaller Companies Fund (US)
• European Smaller Companies Fund
• Global Emerging Markets Equity Fund
• Global Equity Income Fund

We are planning to transfer the assets of investors in certain share classes of each fund listed above into an equivalent share class within our established Luxembourg fund range. The transfers will be made by a process called a scheme of arrangement.

Find out more

We have written to investors about a proposed change to the following funds.

• American Fund
• American Select Fund
• European Select Fund
• UK Equity Income Fund
• UK Fund

We are planning to transfer the assets of investors in certain share classes of each fund listed above into an equivalent share class within our established Luxembourg fund range. The transfers will be made by a process called a scheme of arrangement.

Find out more

We recently informed investors of our proposal to transfer the assets of each fund listed below (the "Existing Funds") into an equivalent fund within our established Luxembourg fund range (the "Lux Funds"). Following the shareholder vote at the extraordinary general meetings (EGMs) held on 24 August 2018, we can confirm that the transfers have been approved for all the affected funds.

• European Corporate Bond Fund
• European High Yield Bond Fund
• Pan European Fund
• Pan European Smaller Companies Fund
• Pan European Equity Dividend Fund
• Credit Opportunities Fund

We will be communicating with all impacted clients and outlining the options available to them ahead of the merger date.

Investor letter

Q&A 

We have written to investors about a proposed change to the following funds.

• European Corporate Bond Fund
• European High Yield Bond Fund
• Pan European Fund
• Pan European Smaller Companies Fund
• Pan European Equity Dividend Fund
• Credit Opportunities Fund

We are planning to transfer the assets of each fund listed above into an equivalent fund within our established Luxembourg fund range. The transfer will be made by a process called a 'cross-border merger'.

Find out more