TM Cerno Select -U Objective change details
|1. Fund details
||Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
||Thesis Unit Trust Management Limited
||TM Cerno Select
|Type of change
|Date change effective from
||4 April 2016
|Is the event subject to shareholder approval?
|2. Fund objectives
|Previous fund objective
||To achieve long term total return, by investing globally in multiple asset classes, predominantly through collective investment schemes, exchange traded funds, and investment trusts. The Fund may also invest in transferable securities, money market instruments, deposits, cash and near cash investments and derivatives.
|New fund objective
||To achieve long term total return over a 5 year period. The fund aims to achieve a positive return, however, there is no guarantee that a positive return will be achieved over that, or any, time period. Investors should note that, notwithstanding that the objective is to achieve long term total return, capital is in fact at risk. The assets in which the fund may invest will be equities, fixed income investments, eligible alternatives and other transferable securities, money market instruments, deposits, cash and near cash investments and derivatives.
Copy Client Correspondence
TM Cerno Select -U Objective Change - OMWL and OMWLP