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Martin Currie Global Equity Income Fund 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 Martin Currie Fund Management Limited
Fund Name Martin Currie Global Equity Income
Type of change Merger
Date merger effective from 29 June 2015
Deadline for investors to switch out if appropriate 25 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) Legg Mason IF Martin Currie Global 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 return with some potential for capital appreciation. The portfolio will seek to provide an income in excess of the prospective dividend yield of the MSCI World index. The portfolio will invest directly or indirectly, primarily in equities of companies around the world in any economic sector.
New fund objective To provide an annual yield in excess of the MSCI World Index (Net) as well as the potential for capital appreciation by investing in securities of companies listed globally. The Fund seeks to achieve its objective by investing directly principally in securities of companies across all world markets, and may invest in any economic sector.
4. Charging structure  
Bundled Fund  
Previous AMC 1.50
New AMC 1.50
Previous TER 1.74
New TER 1.72
Previous Reimbursed Rate (Charge Basis 2) 0.50
New Reimbursed Rate (Charge Basis 2) TBC
Previous Reimbursed Amount (Charge Basis 3) 0.83
New Reimbursed Amount (Charge Basis 3) TBC
Unbundled Fund  
Previous AMC 0.75
New AMC 0.75
Previous TER 0.99
New TER 0.97
Previous Reimbursed Amount (Charge Basis 3) 0.08
New Reimbursed Amount (Charge Basis 3) TBC
Old Mutual Wealth (OMW) Fund  
Previous TER 1.30
New TER TBC

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