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Standard Life Ignis Managed Portfolio 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 Managed Portfolio Growth
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 MyFolio Managed IV
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 maximise long-term capital growth opportunities by investing in other collective investment schemes in any economic sector in any geographic area through investments as permitted from time to time for a non-UCITS retail scheme but mainly those funds managed or operated within the Standard Life group of companies.
New fund objective To provide a total return from a combination of income and capital appreciation over the longer term. The current policy of the Fund is to invest mainly in a range of collective investment schemes managed or operated within the Standard Life group of companies to achieve a broad exposure to diversified investments, including equities, fixed and variable rate interest bearing securities and immoveable property.
4. Charging structure  
Bundled Fund  
Previous AMC 1.50
New AMC 1.15
Previous TER 1.65 (Acc) / 1.57 (Inc)
New TER 1.97
Previous Reimbursed Amount (Charge Basis 2) 0.50
New Reimbursed Amount(Charge Basis 2) 0.50
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.90
New Reimbursed Rebate Rate (Charge Basis 3) 0.70
Unbundled Fund  
Previous AMC N/A
New AMC N/A
Previous TER N/A
New TER N/A
Previous Reimbursed Rebate Rate(Charge Basis 3) N/A
New Reimbursed Rebate Rate (Charge Basis 3) N/A
Old Mutual Wealth (OMW) Fund  
Previous TER N/A
New TER N/A

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