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Standard Life Ignis High Income Bond Details

2. Merger details  
Name of the new fund (the fund that the previous fund is being merged into) Standard Life Higher 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 achieve a yield in excess of that available through traditional corporate bonds and to pursue a policy of active management through a diversified portfolio and rigorous stock selection to control the impact of credit risks on capital values.
New fund objective To provide a high level of income. Capital appreciation is of secondary importance. The fund will invest mostly in Sterling and Euro denominated high yielding corporate bonds to give a significantly higher income than that generally available on UK Government bonds. 
4. Charging structure  
Bundled Fund  
Previous AMC 1.25
New AMC 1.00
Previous TER 1.38 (Inc), 1.37 (Acc)
New TER 1.10 (Inc & Acc)
Previous Reimbursed Amount (Charge Basis 2) 0.35
New Reimbursed Amount(Charge Basis 2) 0.25
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.65
New Reimbursed Rebate Rate (Charge Basis 3) 0.35
Unbundled Fund  
Previous AMC 0.60
New AMC 0.60
Previous TER 0.69 (Inc), 0.70 (Acc)
New TER 0.75
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.00
New Reimbursed Rebate Rate (Charge Basis 3) 0.00

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