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Margetts Sentinel Enterprise Annual Management Charge (AMC) 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 Margetts Fund Management Limited
Fund Name Margetts Sentinel Enterprise
Type of change AMC & Objective Change
Date effective from 01/07/2016 (Objective Change)
02/08/2016 (AMC Change)
Is the event subject to shareholder approval? No
2. Change to charging structure  
Bundled Fund  
Previous AMC 1.20%
New AMC 1.55%
Current Trail Commission (Charge Basis 1) 0.50%
New Trail Commission (Charge Basis 1) 0.50%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount (Charge Basis 2) 0.50%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) 0.75%
Unbundled Fund  
Previous AMC 0.45%
New AMC 0.80%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%
Old Mutual Wealth (OMW) Fund  
Previous TER 0.99%
New TER 1.34%
3. Fund objectives  
Previous fund objective To provide long term capital growth from a portfolio of investments by investing mainly in units of equity and fixed interest based collective investment schemes, the majority of which will be UK investment funds.
New fund objective To provide long term growth principally through capital growth as well as income from a portfolio of investments.  The fund will invest into a portfolio of equities selected from the global market place.

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