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L&G Global Environmental Enterprises Closure details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group Legal & General Investment Management Limited 
Fund Name L&G Global Environmental Enterprises
Type of change Closure
Date fund closed to new business 18 September 2015
Deadline for investors to provide revised fund choice 4 November 2015
Date closure effective from 6 November 2015
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? 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 provide capital growth through investment primarily in companies that produce goods or provide services relating to: energy efficiency, low carbon energy production or water, waste and pollution control.
4. Charging structure  
Bundled Fund  
Current AMC 1.51
Unbundled Fund  
Current AMC 0.82
Old Mutual Wealth (OMW) Fund  
Current TER N/A

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