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Threadneedle UK Property 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 Threadneedle Investment Services Limited
Fund Name Threadneedle UK Property
Type of change Merger
Date merger effective from 16 May 2016
Deadline for investors to switch out if appropriate 12 May 2016
Is the event subject to shareholder approval? No
2. Merger details  
Name of the new fund (the fund that the previous fund is being merged into) Threadneedle UK Property Authorised Trust (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 obtain a total return based on income and capital appreciation primarily through investment in certain kinds of real estate, property-related securities, government and public securities and units in collective investment schemes.
New fund objective To obtain a total return based on income and capital appreciation by investing solely in the Threadneedle Property Authorised Investment Fund (PAIF).
4. Charging structure  
Bundled Fund  
Previous AMC 1.50%
New AMC 1.50%
Previous TER 2.06% (including a PER of 0.43%)
New TER 2.06% (including a PER of 0.43%)
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount(Charge Basis 2) 0.50%
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.83%
New Reimbursed Rebate Rate (Charge Basis 3) 0.83%
Unbundled Fund  
Previous AMC 0.75%
New AMC 0.75%
Previous TER 1.24% (including a PER of 0.43%)
New TER 1.24% (including a PER of 0.43%)
Previous Reimbursed Rebate Rate(Charge Basis 3) 0.08%
New Reimbursed Rebate Rate (Charge Basis 3) 0.08%
Old Mutual Wealth (OMW) Fund  
Previous TER 1.58%
New TER 1.58%

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