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Aberdeen UK Equity Dividend Merger details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Old Mutual International Guernsey Limited
Fund Group Aberdeen Fund Managers Limited
Fund Name Aberdeen UK Equity Dividend
Type of change Merger
Date merger effective from 22 June 2015
Deadline for investors to switch out if appropriate 18 June 2015
Is the event subject to shareholder approval? Yes
Will the event result in a Charge Basis change for CIA and ISA clients on Charge Basis 1 or 2? Yes
2. Merger details  
Name of the new fund (the fund that the previous fund is being merged into) Aberdeen UK Equity Income
Will the phasing option automatically continue with the new fund replacing the previous fund? Yes
Will the rebalancing option automatically continue with the new fund replacing the previous fund? Yes
Will ongoing direct debit payments automatically be redirected into the new fund? Yes
3. Fund objectives  
Previous fund objective To provide an income greater than that of the FTSE All-Share Index together with capital growth over the longer term. The fund will invest primarily in a portfolio of UK securities, which may include, directly or indirectly, equities, convertibles, preference shares, fixed interest stocks and warrants. 
New fund objective To achieve an attractive level of income combined with capital growth from a portfolio primarily consisting of UK equity and equity-related securities.
4. Charging structure  
Bundled Fund  
Previous AMC 1.50
New AMC 1.50
Previous TER 1.63
New TER 1.61
Previous Reimbursed Rate (Charge Basis 2) 0.50
New Reimbursed Rate (Charge Basis 2) 0.50
Previous Reimbursed Amount (Charge Basis 3) 0.96
New Reimbursed Amount (Charge Basis 3) 0.98
Unbundled Fund  
Previous AMC 0.75
New AMC 0.75
Previous TER 0.88
New TER 0.86
Previous Reimbursed Amount (Charge Basis 3) 0.00
New Reimbursed Amount (Charge Basis 3) 0.23
Old Mutual Wealth (OMW) Fund  
Previous TER N/A
New TER N/A

Copy client correspondence

Aberdeen UK Equity Dividend Merger (Non Trigger) - All Charge Basis 3 (Post) (Unbundled).pdf

Aberdeen UK Equity Dividend Merger (Non Trigger) - OMIG, CIB, CRA, Charge Basis 3 (Post) (Bundled).pdf

Aberdeen UK Equity Dividend Merger (Trigger event) - CIA and ISA - Charge Basis 1 and 2 (Pre) (Bundled).pdf

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