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Brown Advisory US Equity Value Fund Closure details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group Brown Advisory LLC
Fund Name Brown Advisory US Equity Value
Type of change Closure
Date fund closed to new business 8 November 2016
Deadline for investors to provide revised fund choice 30 November 2016
Date closure effective from 2 December 2016
Default fund if no revised fund choice provided Cash Deposit (ISA, ISA formerly PEP, CIA)
BlackRock Cash (CRA, CIB)
Is the event subject to FCA approval? No
2. Closure details  
Will the phasing/rebalancing options automatically continue with the new fund replacing the closing fund? No
3. Fund objective  
Current fund objective To achieve capital appreciation by investing primarily in US equities, combining a highly disciplined approach to securities valuation with an emphasis on companies with attractive underlying fundamentals. 
4. Charging structure  
Unbundled Fund  
Current AMC 0.75%

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