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Fund Closure – Selector World Shariah Value

We have received notification that the Board of Directors of the Selector Management Fund have closed their Selector World Shariah Value Fund (the sub-fund) due to significant changes in its economic situation.

Impacts on
these products

As a result of the fund closure all fund values have been returned to shareholders.


A client communication has been issued to any Quantum, Paragon, Oracle and LifePlan policyholders affected by the closure, with a copy to their servicing financial adviser, outlining any course of action taken. Sample letters can be viewed opposite.