Significant fund changes
Transfer of customer assets (Scheme of arrangement 2)
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. Please note these changes do not impact GBP share classes. The transfers will be made by a process called a scheme of arrangement.
By transferring the assets from our UK range to our Luxembourg range, we can provide certainty for investors and ensure they will remain in a UCITS-compliant fund, regardless of any final agreement between the UK and the EU. Our aim is to provide continuity and certainty for investors in our funds. Full details of the proposed transfers can be found in the Shareholder Circular.
1UCITS 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.
