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Change of brand - Invesco Perpetual - Published: 17 Sep 2018

Invesco Perpetual will move to a unified brand across the globe - Invesco - with effect 1 October 2018. This will affect its UK ICVC range, which will see the removal of 'Perpetual' from fund names and branding. ISINs and Sedols will remain unchanged. This impacts our guided-architecture products Oracle, Paragon, Quantum, Quantum Malaysia, LifePlan, Protected Lifestyle, Preference and Kudos.

Fund mergers - Invesco Irish domicile to Luxembourg domicile - Published: 11 Sep 2018

In order to streamline its UCITS range of funds, during September and October 2018 Invesco will merge a number of Irish domicile funds into its Luxembourg range, then close down the Irish funds. The mergers affect our guided architecture products Oracle, Paragon, Quantum, Quantum Malaysia, LifePlan, Protected Lifestyle, Preference and Kudos.

Fund merger - Janus Henderson World Select Fund - Published: 11 Sep 2018

Janus Henderson will merge its World Select Fund into its Global Equity Fund on 20 September 2018. The merger affects our guided-architecture product Preference.

Withdrawal of Hong Kong authorisation for Threadneedle UK domiciled funds - Published: 30 May 2018

With effect from 29 June 2018, Threadneedle Investment Funds ICVC have decided to cease marketing a number of UK domiciled funds to the public in Hong Kong and apply to the SFC for withdrawal of authorisation of the funds.

Change of name, fee restructure and miscellaneous changes - Baring Global Emerging Markets fund - Published: 30 May 2018

With effect from 30 April 2018, Baring are making a number of changes to the Baring Global Emerging Markets Fund, including a name change, a restructure of fees and changes to the Hong Kong offering documents.

Change of Name, Investment Objective and Policy - Schroder ISF Asian Bond Absolute Return Fund - Published: 27 Feb 2018

Schroders will be changing the strategy of the fund from absolute return to total return meaning a change to the funds' name and investment objective and policy. Changes are effective from 1 March 2018.

Change of name and investment policy - Franklin Mutual Beacon Fund - Published: 29 Jan 2018

With effect 31 January 2018, the fund will change name to Franklin Mutual U.S. Value and the investment policy will be reclarified to better reflect its actual investment policy. The changes affect our guided-architecture product Preference.

Fund Closure - Baring UK Growth Trust - Published: 25 Jan 2018

Barings closed the fund by way of liquidation and compulsory redemption on 28 November 2017. The closure follows a review which identified the Trust's inability to operate in a cost-effective manner due to its small fund size. The closure affects our guided-architecture product Preference.

Fund Name Changes - Henderson and Janus Global Fund Ranges - Published: 20 Oct 2017

As a result of the recent merger of fund management companies Henderson and Janus, with effect from 15 December 2017 fund names will be updated with the new pre-fix “Janus Henderson”. This will encompass funds under the following umbrella structures; Henderson OEIC, Henderson Horizon Fund, Henderson Gartmore Fund and Janus Capital Funds.

Fund Mergers - JPMorgan prefixed Luxembourg SICAV Funds - Published: 14 Apr 2016

On 20 May 2016 JPMorgan Asset Management will be rationalising their Luxembourg SICAV duplicate share classes by merging “JPMorgan” prefixed share classes into the equivalent “JPM” prefixed share class of the same sub-fund. This affects our closed guided-architecture product Preference. We will be taking action ahead of the merger. Click on this story for more details and to view samples of the letters we have issued to policyholders and investment advisers.

Fund Merger - BlackRock Global Funds - Global Equity Fund - Published: 09 Oct 2015

On 25 September 2015 BlackRock merged its BlackRock Global Funds – Global Equity Fund into its BlackRock Global Funds – Global Opportunities Fund. The merger impacts the following closed products: Preference and Prosper. Click on this story for full details.

Investment Policy Changes - Schroder ISF Asian Opportunities Fund - Published: 06 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 impact the following closed products: Preference and Prosper. Click on this story for full details.

Objective Change - Invesco Global High Income Fund - Published: 22 May 2015

Invesco Global Asset Management will be making changes to the investment objective and policy of the Invesco Global High Income Fund on 7 August 2015. The changes affect our closed product: Preference. Policyholders and Investment Advisers have been written to about the changes. Click on this story for the full details and to view sample letters.

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 - Henderson Global Focus Fund - Published: 29 Oct 2013

Subject to shareholder approval, Henderson Global Investors will merge the Henderson Global Focus Fund into the Henderson International Fund on 14 November 2013. The merger affects our closed product: Preference. Affected policyholders have been written to about the merger. Click on this story for the full details and to view sample policyholder and adviser letters.

Fund Merger - JPMorgan Global Bond Fund (USD) - Published: 11 Oct 2013

JPMorgan have announced that on the 29 November 2013 they will merge the JPMorgan Bond Fund (USD) into the JPMorgan Aggregate Bond Fund (USD). The merger affects the following closed product: Preference. Policyholders have been written to about the merger. Click on this story for the full details and to view sample policyholder letters.

Closing to subscriptions - BlackRock Global Funds - Continental European Flexible Fund - Published: 08 Oct 2013

BlackRock will be closing their BlackRock Global Funds – Continental European Flexible fund to subscriptions on 7 November 2013 as the fund is nearing capacity. In order to ensure the fund is kept within a size that enables it to be optimally managed and in the best interests of shareholders, they will close subscriptions to both existing and new investors. The closure affects the following closed products: Preference and Prosper. Policyholders have been written to about the closure. Click on this story for the full details and to view sample policyholder letters.

Fund closure - BNY Mellon Sterling Bond - Published: 25 Apr 2013

BNY Mellon have announced the closure of their BNY Mellon Sterling Bond effective on or around the 25 April 2013. Following a review the Directors of the BNY Mellon Global Funds plc have concluded that the small size of the fund may be preventing it from achieving the economies of scale in ongoing operating costs that would best serve the interest of investors in the fund. The closure affects the following closed products: Preference and Prosper. Affected policyholders have been written to.

Brand changes - JPMorgan/JF Funds - Published: 16 Jan 2013

JPMorgan have advised that they are removing the ‘JF’ brand from their funds. With effect from 4 February 2013, any JPMorgan fund that had 'JF' in its name will now be referred to as JPMorgan (for example, JF Singapore will become JPMorgan Singapore). We have a range of JF funds in both our new business and closed products. For the new business products the changes will be reflected in the published Investment Guides. The changes affect the following products: Prosper, Preference, Oracle, Quantum, Paragon and PIMS. Policyholder letters have been issued for the closed products.

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.

Name & Objective Change - Schroder ISF Pacific Equity Fund - Published: 21 Mar 2012

With effect from 2 April 2012 the Schroder ISF Pacific Equity Fund will change name to the Schroder ISF Asian Opportunities Fund. This is to reflect a change in investment objective to focus on companies in Asia rather than in the broader Pacific region. The changes affect the following guided-architecture ranges: Preference and Prosper. Affected policyholders have been written to.