Kudos funds: Fund updates
Dealing Resumption - Henderson UK Property Fund
- Published: 27 Sep 2016
We have received a notification from Henderson Global Investors informing us that with effect from 12 noon on 14 October 2016, all dealing activity in the Henderson UK Property fund will resume as the suspension will be lifted.
Fund Suspension - Henderson UK Property Fund
- Published: 28 Jul 2016
Henderson Global Investors have informed us that with effect from 12 noon on 5 July 2016, all dealing activity in the Henderson UK Property Fund has been suspended until further notice.
Name and Objective Change - Fidelity South East Asia Fund
- Published: 18 Feb 2016
Effective 23 March 2016, the fund will change name to the Fidelity - Asia Focus Fund and amend its objective to reflect this. This affects our products: Oracle, Paragon, Quantum and Kudos. Policyholders have been written to. Click on this story for more details.
Fund Name Changes - from First State to Stewart Investors
- Published: 02 Dec 2015
First State Investments has changed the structure of the First State Stewart (FSS) investment management team. These changes will split the FSS into two teams; one primarily based in Hong Kong and the other in Edinburgh. The changes mean some of the First State funds have changed name to Stewart Investors. The changes affect our guided-architecture product Kudos.
Investment Policy Changes - Schroder ISF Emerging Asia Fund
- Published: 01 Oct 2015
Schroders are clarifying the investment objective and policy of the fund in order to provide investors with greater transparency on the fund’s investment strategy. The changes impacts the following closed product: Kudos. Click on this story for full details.
Portfolio Holdings Change - BNY Mellon Global Equity Fund
- Published: 13 Mar 2015
Following a review, BNY Mellon will be making a small amendment to the number of holdings held within the fund. The fund will move to a more concentrated portfolio of around 60-90 holdings. This impacts the following guided-architecture products: Kudos, LifePlan, Preference, Prosper and Protected Lifestyle. Click on this story for full details.
Fund Merger - Blackrock UK Dynamic Fund
- Published: 11 Oct 2013
Blackrock have merged their Blackrock UK Dynamic fund into the Blackrock UK fund. The merger affects the following closed product: Kudos. Policyholders have been written to about the merger. Click on this story for the full details and to view sample policyholder letters.
Fund merger - JPM US Dynamic Fund
- Published: 24 Apr 2013
On 31 May 2013 the JPM US Dynamic fund will merge with the JPM US Dynamic 130/30 fund. As a result, the merged funds will be re-named the JPMorgan US Equity Plus Fund. This merger will affect the following products: Kudos and PIMS. Click on this story for further details.
Fund Closure – Invesco Sterling Reserve
- Published: 03 May 2012
The board of directors of Invesco Global Asset Management Limited have decided to close their Invesco Sterling Reserve Fund on 10 July 2012. As the size of the fund has reduced to a level significantly below the threshold set out in the fund prospectus they feel that it is no longer viable, or in the best interests of shareholders, to continue running the fund. The change affects the following guided-architecture products: Preference and Kudos. Affected policyholders have been written to.
Change of Objective - Schroder ISF Asian Bond Absolute Return Fund
- Published: 21 Mar 2012
The board of directors of the Schroder International Selection Fund has decided to amend the investment objective and to change the methodology for calculating the global risk exposure of the Schroder ISF Asian Bond Absolute Return Fund with effect from 2 April 2012. The changes affect the following guided-architecture products: Preference, Kudos, Prosper, Quantum, Paragon, Oracle, LifePlan. Affected policyholders have been written to to notify them of the changes.