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Old Mutual Japanese Equity closure details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Old Mutual International Guernsey Limited
Old Mutual Wealth Life Assurance Limited
Fund Group Old Mutual Investment Management Limited
Fund Name Old Mutual Japanese Equity
Type of change Closure
Date fund closed to new business 3 May 2016
Deadline for investors to provide revised fund choice 14 June 2016
Date closure effective from 16 June 2016
Default fund if no revised fund choice provided Cash Deposit (ISA, ISA formerly PEP, CIA)
BlackRock Cash (CRA, CIB, OCIB)
OMW Old Mutual Japanese Equity (IRL) (Old Mutual Wealth Life Assurance Limited)
Is the event subject to FCA approval? No
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 achieve an above average return through the active management of a diversified portfolio invested in the Japanese stock markets, whilst constraining the overall level of portfolio risk.
4. Charging structure  
Bundled Fund  
Current AMC 1.50%
Unbundled Fund (-U)  
Current AMC 0.75%
Unbundled Fund (-U2)  
Current AMC 0.68%
WealthSelect Fund (-WS)  
Current AMC 0.60%
Old Mutual Wealth (OMW) Fund  
Current TER 1.30%

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