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Kames American Equity Closure details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Old Mutual International Guernsey Limited
Fund Group Kames Capital
Fund Name Kames American Equity
Type of change Closure
Date fund closed to new business 13 April 2016
Deadline for investors to provide revised fund choice 24 May 2016
Date closure effective from 26 May 2016
Default fund if no revised fund choice provided Cash Deposit (ISA, ISA formerly PEP, CIA)
BlackRock Cash (CRA, CIB, OCIB)
Is the event subject to FCA approval? Yes
2. Closure details  
Will the phasing/rebalancing options automatically continue with the new fund replacing the closing fund? No
3. Fund objective  
Current fund objective To maximise total return by investing principally in equities and equity-type securities in companies based in the American continent (including both North and South America), principally conducting business in the American continent or listed on the US stock exchange.
4. Charging structure  
Bundled Fund  
Current AMC 1.50%
Unbundled Fund  
Current AMC 0.75%


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Kames American Equity Closure - Bundled

Kames American Equity Closure - Unbundled

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