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Standard Life Ignis UK Property Feeder merger 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 Standard Life Investments (Mutual Funds) Limited
Fund Name Standard Life Ignis UK Property Feeder
Type of change Merger
Date merger effective from 21 March 2016
Deadline for investors to switch out if appropriate 17 March 2016
Is the event subject to shareholder approval? Yes
2. Merger details  
Name of the new fund (the fund that the previous fund is being merged into) Standard Life Ignis UK Property Income Feeder
Standard Life Ignis UK Property Accumulation Feeder
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 achieve income and capital growth by investing in shares of the Standard Life Ignis UK Property fund. The fund will invest all or substantially all of its assets in the shares of the Standard Life Ignis UK Property fund. To the extent that the fund is not fully invested in the Standard Life Ignis UK Property fund, the fund will hold its remaining assets in cash.
New fund objective To achieve income and capital growth by investing in shares of the Standard Life Ignis UK Property fund. The fund will invest all or substantially all of its assets in the feeder shares of the Standard Life Ignis UK Property fund. To the extent that the fund is not fully invested in the Standard Life Ignis UK Property Fund, the fund will hold its remaining assets in cash.
4. Charging structure  
Bundled Fund  
Previous AMC 1.50%
New AMC 1.50%
Previous TER 1.73%
New TER 1.74%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount(Charge Basis 2) TBC
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund  
Previous AMC 0.75%
New AMC 0.75%
Previous TER 0.98%
New TER 1.07%
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Old Mutual Wealth (OMW) Fund  
Previous TER 1.28%
New TER TBC

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