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Rathbone Multi Asset Total Return Portfolio Merger

1. Fund details  
Companies impacted Old Mutual Wealth Limited Old Mutual Wealth Life & Pensions Limited
Fund Group Rathbone Unit Trust Management Limited
Fund Name Rathbone Multi Asset Total Return Portfolio (I class)
Type of change Merger
Date merger effective from 03 August 2015
Deadline for investors to switch out if appropriate 31 July 2015
Is the event subject to shareholder approval? No
Will the event result in a Charge Basis change for CIA and ISA clients on Charge Basis 1 or 2? No
2. Merger details  
Name of the new fund (the fund that the previous fund is being merged into) Rathbone Multi Asset Total Return Portfolio (S class)
Will the phasing option automatically continue with the new fund replacing the previous fund? N/A
Will the rebalancing option automatically continue with the new fund replacing the previous fund? N/A
Will ongoing direct debit payments automatically be redirected into the new fund? Yes
3. Fund objectives  
Fund objective To achieve an increasing income and capital return. The Fund targets a return equal to 2% above sterling six month London Interbank Offered Rate (LIBOR) over the long term, and a volatility rate equal to one-third or below that of equity markets as measured by the MSCI World Equity Index.
4. Charging structure  
Unbundled Fund  
Previous AMC 0.75
New AMC 0.50
Previous TER 1.51
New TER 1.13
Previous Reimbursed Rebate (Charge Basis 3) 0.08
New Reimbursed Rebate (Charge Basis 3) 0.00

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