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Aberdeen UK Flexible Strategy - Fund Closure

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group Aberdeen Fund Managers Limited
Fund Name Aberdeen UK Flexible Strategy
Type of change Closure
Date fund closed to new business 21 December 2015
Deadline for investors to provide revised fund choice 17 February 2016
Date closure effective from 19 February 2016
Default fund if no revised fund choice provided Cash Deposit (ISA, ISA formerly PEP, CIA)
BlackRock Cash (CRA, CIB)
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 a positive capital return, over rolling 3-year periods, regardless of market conditions, through investment and disinvestment (directly and indirectly) in a portfolio predominantly consisting of UK equities, related derivative contracts, money market instruments, cash, near cash and deposits.
4. Charging structure  
Bundled Fund  
Current AMC 1.50%
Unbundled Fund  
Current AMC 0.75%

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