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Legg Mason Martin Currie GF Global Resources Fund Details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group Martin Currie Global Funds
Fund Name Legg Mason Martin Currie GF Global Resources
Type of change Merger
Date merger effective from 14 March 2016
Deadline for investors to switch out if appropriate 4 March 2016
Is the event subject to shareholder approval? Yes - approved
2. Merger details  
Name of the new fund (the fund that the previous fund is being merged into) Legg Mason Martin Currie Global Resources
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 produce long-term capital growth. The fund will invest in a minimum of two thirds of its total assets (after deduction of ancillary liquid assets) in equities of companies globally which are predominantly engaged in the energy, basic materials and utilities sectors. 
New fund objective To produce long-term capital growth. The fund invests at least 80 per cent of its Net Asset Value in equity securities that are listed or traded on Regulated Markets located anywhere in the world (including Emerging Market Countries), and are issued by companies that are predominantly engaged in the energy, basic materials, industrials and/or utilities sectors.
4. Charging structure  
Bundled Fund  
Previous AMC 1.50
New AMC 1.50
Previous TER 2.00
New TER 1.70
Previous Reimbursed Amount (Charge Basis 2) 0.50
New Reimbursed Amount(Charge Basis 2) 0.50
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.83
New Reimbursed Rebate Rate (Charge Basis 3) 0.83
Unbundled Fund  
Previous AMC 0.75
New AMC 0.75
Previous TER 1.83
New TER 1.25
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.08
New Reimbursed Rebate Rate (Charge Basis 3) 0.08

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Legg Mason Martin Currie Global Resources Fund A – KIID

Legg Mason Martin Currie Global Resources Fund X – KIID

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