This site is for financial advisers only, Click here for the consumer site.

Share

2011 Objective and policy changes

Name Description Fund Range Effective Date
Premier Global Strategic Assets Objective and policy change Old Mutual Wealth's platform 19 Dec 2011
Old objective and policy

To achieve long term capital growth and income. The fund will invest in a spread of securities, including fixed interest securities, from around the world including the UK.

New objective and policy

To achieve long term capital growth. The fund will be actively managed to invest in a portfolio of global equities seeking long term capital growth, but has the latitude to use other instruments when equities are perceived to offer poor absolute value.

Exclamation
Please note: This fund also changes name on 19/12/2011 to Premier Global Strategic Growth.
Premier UK Strategic Growth Objective and policy change Old Mutual Wealth's platform 19 Dec 2011
Old objective and policy

To achieve capital growth by investing in securities, primarily in the UK, in order to pursue a strategy of identifying themes which will have a positive impact on the fund. Stocks will be identified based on their exposure to these themes and on their fundamental value.

New objective and policy

To achieve long term capital growth by investing in equities, primarily in the UK. The fund shall be actively managed and the investment strategies pursued will identify opportunities for growth subject to prevailing market conditions.

Threadneedle European Bond Policy change Old Mutual Wealth's platform 15 Nov 2011
Policy change

Threadneedle will be changing the investment policy to allow the fund to invest in other Euro denominated public sector sovereign bonds and corporate bonds. This has been done to give the fund the ability to invest in all bonds included in its benchmark index. These may include bonds which are issued by non European issuers.

L&G Diversified Absolute Return Trust Objective change Life and Pensions and Old Mutual Wealth's platform 07 Nov 2011
Old objective

To provide positive returns in all market conditions on an annual basis and capital growth over the long term by investing principally in financial derivative instruments to gain either long or synthetic short exposure to a wide range of assets across all markets and currencies.

New objective

To provide positive returns in all market conditions over any three year period and capital growth over the long term. The funds investment strategy will be to identify global macroeconomic themes and where possible exploit these themes. The fund many invest in any geographic or economic sector anywhere in the World.

Exclamation
Please note: This fund also changes name on 07/11/2011 to L&G Global Macro Themes.
Prudential Distribution Objective and policy change Old Mutual Wealth Life Assurance Limited 17 Oct 2011
Old objective and policy

To provide a rising income together with steady capital growth over the longer term. The Trust aims to generate a yield greater than that of the FTSE All Share Index.

New objective and policy

To generate a high and rising level of income over time through investment in a diversified range of assets. Subject to this, the fund aims to provide capital growth over the long term. The fund invests in securities, fixed income assets, warrants, money market instruments, deposits and cash.

Exclamation
Please note: This fund also changes name on 17/10/2011 to M&G Income Multi Asset
Threadneedle Global Equity & Bond Policy change Old Mutual Wealth's platform 01 Oct 2011
Policy change

Threadneedle will be changing the investment policy to allow each fund to invest in derivatives for investment purposes.

Threadneedle Global Equity Policy change Old Mutual Wealth's platform 01 Oct 2011
Policy change

Threadneedle will be changing the investment policy to allow each fund to invest in derivatives for investment purposes.

Threadneedle Equity & Bond Policy change Old Mutual Wealth's platform 01 Oct 2011
Policy change

Threadneedle are changing the investment policy to allow each fund to invest in derivatives for investment purposes.

JPM Premier Equity Growth Objective change Old Mutual Wealth's platform and Old Mutual Wealth Life Assurance Limited 01 Aug 2011
Old objective

To provide long-term capital growth from investment in stocks and shares. The Fund currently invests predominantly in a portfolio of UK equities.

New objective

To provide long-term capital growth by investing primarily in equity and equity linked securities of UK companies.

Exclamation
Please note: This fund also changes name on 01/08/2011 to JPM UK Equity
JPM Premier Equity Income Objective change Life and Pensions and Old Mutual Wealth's platform 01 Aug 2011
Old objective

To provide income and prospects of capital growth by investing primarily in equity and equity-linked securities of UK companies.

New objective

To provide income and prospects of capital growth by investing primarily in equity and equity-linked securities of UK companies. The Fund aims to provide a higher income yield than the yield on the FTSE All-Share Index.

Exclamation
Please note: This fund also changes name on 01/08/2011 to JPM UK Higher Income
Liontrust Special Situations Old Mutual Wealth's platform 14 Jun 2011
Old objective

To provide long term capital growth by investing primarily in a concentrated portfolio of medium sized and smaller UK companies.

New objective

To provide long-term capital growth by investing primarily in a concentrated portfolio of UK companies’ shares.

Schroder Strategic Bond Life and Pensions and Old Mutual Wealth's platform 13 Jun 2011
Old Objective

To achieve a total return from a diversified portfolio of global debt securities. The full spectrum of available securities, including non-investment grade, may be utilised. The portfolio will consist of sterling denominated securities or other securities, hedged back into sterling as well as other investments permitted by the COLL Sourcebook for UCITS Funds.

New Objective

To achieve a positive return over rolling 12 month periods. The fund will invest primarily in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supranational and corporate issuers worldwide.

Prudential Corporate Bond Trust Old Mutual Wealth's platform 24 May 2011
Old objective and policy

To maximise the long term return in sterling from capital and net income combined by investment in a portfolio consisting wholly or mainly of bonds issued by UK companies.

New objective and policy

To achieve a higher total return (the combination of income and growth of capital) from investment than would be obtainable in UK government fixed interest securities (i.e. gilts) of similar maturities.

Prudential European Trust Old Mutual Wealth's platform 24 May 2011
Old objective and policy

To achieve high capital growth through investment in a range of European (excluding UK) securities, mainly equities. Income is a secondary consideration. The trust has the flexibility to move between countries and markets and will seek to take advantage of the variations in investment conditions which occur on a day to day basis.

New objective and policy

To maximise long term total return (the combination of income and growth of capital). The fund invests wholly or mainly in European (including UK) companies. The fund may also invest in companies outside Europe but only when these companies derive the majority of their income from European activity.

Prudential Managed Trust Old Mutual Wealth's platform 24 May 2011
Old objective and policy

To achieve long term capital growth. The investments of the Trust will be restricted to investments in schemes managed by Prudential Unit Trusts Ltd or another manager within the Prudential Group.

New objective and policy

To maximise total return (the combination of income and growth of capital). The fund invests mainly in securities, fixed income assets, warrants, money market instruments, deposits, cash, near cash and property mainly via collective investment schemes, but, with the exception of property, may invest directly in these assets.

Baillie Gifford European Smaller Companies Old Mutual Wealth's platform 01 May 2011
Old objective

To achieve good returns, principally through capital growth, by investing in Continental Europe and the Republic of Ireland, principally in smaller companies in any economic sector.

New objective:

To provide above average total returns over the long term by investing globally in transferable securities of companies that the fund manager considers offer excellent future growth prospects. The fund may also invest in money market instruments, cash and near cash.

Exclamation
Please note: This fund also changes name on 01/05/2011 to Baillie Gifford Global Discovery.
Skandia Equity Income Life and Pensions and Old Mutual Wealth's platform 31 Mar 2011
Old objective:

To provide investors with an above average level of income together with the potential for capital growth. The fund invests predominantly in the UK.

New objective:

To provide income with some long-term capital growth. The fund will invest in a portfolio of predominantly global equities.

Exclamation
Please note: This fund also changes name on 31/03/2011 to Skandia Global Equity Income.
Skandia Equity Income Life and Pensions and Old Mutual Wealth's platform 31 Mar 2011
Policy change

The fund will be permitted to use derivatives for investment purposes.

Exclamation
Please note: This fund also changes name on 31/03/2011 to Skandia Global Equity Income.
Legg Mason Sterling Corporate Plus Bond Life and Pensions and Old Mutual Wealth's platform 11 Mar 2011
Policy change

The fund group is proposing to allow the fund to invest in derivatives for investment purposes.

Exclamation
Please note: This fund also changes name on 11/03/2011 to Legg Mason Global Blue Chip Bond. The AMC changes to 1.00% and the TER changes to 1.35%
Legg Mason Sterling Corporate Plus Bond Life and Pensions and Old Mutual Wealth's platform 11 Mar 2011
Old objective

Current To achieve a high income and to mitigate capital erosion.

New objective

To achieve a total return via income yield and capital appreciation while seeking to mitigate capital erosion. 

Exclamation
Please note: This fund also changes name on 11/03/2011 to Legg Mason Global Blue Chip Bond. The AMC changes to 1.00% and the TER changes to 1.35%
First Page of Results Previous Page Last Page of Results

Financial Adviser Verification