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Fund closures - default alternative funds

We always endeavour to write to customers invested in a fund prior to the fund closing and wherever possible, we request that an alternative fund choice is provided. If we don’t receive an instruction for an alternative fund choice, we invest all units from the closing fund into the relevant default alternative fund (listed below):

Old Mutual Wealth's platform

Individual Savings Account (ISA) = Cash deposit
Collective Investment Account (CIA) = Cash deposit
Collective Retirement Account (CRA) = Blackrock Cash
Collective Investment Bond (CIB) = Blackrock Cash
Offshore Collective Investment Bond = Blackrock Cash

All Old Mutual Wealth Life Assurance Limited products = OMW Deposit

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