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CF Richmond Core Closure details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Old Mutual International Guernsey Limited
Fund Group Capital Financial Managers Limited
Fund Name CF Richmond Core
Type of change Fund Closure
Date fund closed to new business 9 September 2016
Deadline for investors to provide revised fund choice 18 October 2016
Date closure effective from 20 October 2016
Default fund if no revised fund choice provided Cash Deposit (ISA, ISA formerly PEP, CIA)
BlackRock Cash (CRA, CIB, OCIB)
Is the event subject to FCA approval? Yes – Approved
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 provide a combination of capital growth and income by investing primarily through diversified investment in shares of companies and related instruments, listed or incorporated in the United States of America. The fund is not restricted to any industry or sector type. Investment may also be made in collective investment schemes, money market instruments, warrants, deposits, cash and near cash and other transferable securities
4. Charging structure  
Bundled Fund  
Current AMC 1.85
Unbundled Fund  
Current AMC 1.00

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