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Standard Life Ignis Corporate Bond Merger

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Old Mutual International Guernsey Limited
Fund Group Standard Life Formerly Ignis
Fund Name Standard Life Ignis Corporate Bond
Type of change Merger
Date merger effective from 26 October 2015
Deadline for investors to switch out if appropriate 22 October 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) Standard Life Corporate Bond
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 produce income and capital growth by investing in UK fixed interest securities (which includes corporate bonds) and Gilts (with the provision to invest up to 15% of the portfolio in fixed interest securities outwith the UK).
New fund objective To provide a return from income and capital appreciation. The investment policy of the Fund is to invest mostly in sterling fixed interest securities issued by corporations.
4. Charging structure  
Bundled Fund  
Previous AMC 1.10
New AMC 1.10
Previous TER 1.23 (Acc) / 1.19 (Inc)
New TER 1.23 (Acc) / 1.19 (Inc)
Previous Reimbursed Amount (Charge Basis 2) 0.35
New Reimbursed Amount(Charge Basis 2) TBC
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.60
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund  
Previous AMC 0.50
New AMC 0.50
Previous TER 0.53
New TER 0.64
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.00
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Old Mutual Wealth (OMW) Fund  
Previous TER N/A
New TER N/A

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